Exams › SSC CGL (Prelims) › General
What is the ratio of the simple interest earned on a given amount at the same rate of interest over 6 years to that earned over 9 years?
- 1:3
- 1:4
- 2:3
- None of these
Correct answer: 2:3
Solution
In simple interest, for the same principal and rate, interest is proportional to time. So the ratio of interest for 6 years and 9 years is 6:9, which simplifies to 2:3.
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