A person borrows some money for 5 years and ratio of loan amount to total interest amount is 5 : 2. Then find the ratio of loan amount to interest rate is equal to-
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Answered by
9
Answer:
Ratio of loan to interst rate = 25:2
Step-by-step explanation:
For simple interest,
Let the interst rate = X% per annum
Let Loan amount = 100
∴ Total interest per anum = 100×X /100
Interst per anum = X
Total interst for 5 years = 5 X
Given that, ration of Loan to total interst = 5:2
∴ 100:5X = 5:2
∴100/5X = 5/2
∴ 20/X = 5/2
∴ 20×2 / 5 = X
∴ X= 8
∴ Ratio of loan amount to interst rate = 100 / 8
∴ Ration of loan to interest = 25/2
Answered by
0
Answer:
25:2
Step-by-step explanation:
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