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What will be the ratio of simple interest earned by certain amoun...

General Basic Math Exams Quizzes MCQs Quizzes Simple Interest Math Quiz

Question:
What will be the ratio of simple interest earned by certain amount at the same rate of interest for 6 years and that for 9 years?

Option A):
Data in adequate
Option B):
1: 4
Option C):
1: 3
Option D):
None of these
Option E):
2: 3

Correct Answer is Option E):
2: 3

Explanation:
Solution:
Let the principal be P and rate of interest be R%
P x R x 6
Required ratio = 100/ P x R x 9/ 100 = 6PR/9PR = 6/9 = 2 : 3

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