Question 61

smn of money becomes two times of itself in 8 years at simple interest, and it becomes four times of itself in 2 years at compound interest, when interest is compounded annually. Find the ratio of the rate of simple interest to the rate of compound interest offered per year.

Create a FREE account and get:

  • Free SSC Study Material - 18000 Questions
  • 230+ SSC previous papers with solutions PDF
  • 100+ SSC Online Tests for Free

Join CAT 2026 course by 5-Time CAT 100%iler

Crack CAT 2026 & Other Exams with Cracku!

Ask AI

Ask our AI anything

AI can make mistakes. Please verify important information.