What is the ratio of simple interest earned on a certain sum at 8% per annum for 6 years to that for 9 years at the same...

Type: MCQ • Marks: 1

What is the ratio of simple interest earned on a certain sum at 8% per annum for 6 years to that for 9 years at the same rate?

A. 1) 2 : 3

B. 2) 4 : 5

C. 3) 3 : 4

D. 4) 1 : 2

Explanation

SI1 = (P * 8 * 6) / 100 and SI2 = (P * 8 * 9) / 100. Ratio = 6 / 9 = 2 : 3.

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UP TGT Mathematics

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