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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