Delhi Police Constable 7 Dec 2020 Shift 2 Paper

In scheme A, a sum of Rs. 24,000 is put on simple interest for 2 years at a rate of 8% per annum. In scheme B, a sum of Rs. 24,000 is put at a rate of 5% per annum, compounded annually, for 2 years. The ratio of interest from A to that from B is: