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?

July 18, 2022 by admin

Question: 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: Option C

Explanation:

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

Required ratio =

	P x R x 6
	100

6PR

= 2 : 3.

	P x R x 9
	100

9PR

Video Explanation: https://youtu.be/GaaEDwTWc6w