Mathematics for FinanceMTP Jun 24Question 1406 of 479
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If a simple interest on a sum of money at 6%\displaystyle 6\% p.a. for 7 years is equal to twice of simple interest on another sum for 9 years at 5%\displaystyle 5\% p.a. The ratio will be:

Options

A2:15\displaystyle 2:15
B7:15\displaystyle 7:15
C15:7\displaystyle 15:7
D1:7\displaystyle 1:7
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Correct Answer

Option c15:7\displaystyle 15:7

All Options:

  • A2:15\displaystyle 2:15
  • B7:15\displaystyle 7:15
  • C15:7\displaystyle 15:7
  • D1:7\displaystyle 1:7

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