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Discussion

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.Data inadequate

Answer: C

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

Required ratio = [(P * R * 6)/100] / [(P * R * 9)/100] = 6PR/9PR = 6/9 = 2:3

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