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Question 47
₹ x invested at 8% simple interest per annum for 5 years yields the same interest as that on ₹ y invested at 7.5% simple interest per annum for 6 years. Find x : y.
Solution
S . I = $$\frac{P\times R\times T}{100}$$
S I1 = $$\frac{X\times 8\times 5}{100}$$
S.I 2 = $$\frac{Y\times 7.5\times 6}{100}$$
so ,
$$\frac{X}{Y}$$ = 9 : 8
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