Simple Interest Practice Test 3

Question : 28 of 40

Marks: +1, -0

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

Solution:

Ratio of simple interest

={P×R×T}/100:{P×R×T_1}/100

={6PR}/100:{9PR}/100

= 6 : 9
Ratio of simple interest = 2 : 3

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