Question 43

For a particular sum at a certain rate, find the ratio of Simple Interest got for 4 years and 8 years.

Solution

ratio of SI for 4 year : ratio of SI for 8 yr

=$$\frac{\frac{p\times r\times 4}{100}}{\frac{p\times r\times 8}{100}}$$

=$$\frac{4}{8}$$

=$$\frac{1}{2}$$

=1:2

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