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Yogesh Gadade

· started a discussion

· 1 Months ago

q104 (Question:150296.0)

is the ratio given correct ?

Question:
A person invested two equal sums, one at simple interest and another at compound interest at the same rate for two years. After 2 years the ratio of amounts at compound and simple interests are 25: 16. Find the rate of interest.
Options:
A) 150% 
B) 100%
C) 50% 
D) 75%
E) None of these
Solution:

Ans: (a)


Knowledge Expert

· commented

· 1 Months ago

Yes it is.Dear Student, A sum invested in at S.I and C.I. at the same rate. and their ratio given here we compare given ratio with their respective interest. please see in given solution. Keep learning keep solving Best wishes Team TR
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