Simple Interest-Data Intensity 1 :: Discussion


12.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?
A.1 : 3
B.1 : 4
C.2 : 3
D.None of Above
Answer:  Option  C
Explanation:

Let the principal be P and rate of interest be R%.

 Required ratio =
P x R x 6
100
= 6PR = 6 = 2 : 3.
P x R x 9
100
9PR 9

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Published by:Michael Daani

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