a person deposit certain money in a bank at starting of each year in the ratio 1:2:3. if ratio of si of 1st, 2nd and 3rd year is 2:9:24. then find the ratio of their rate of interest of three three years.
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Step-by-step explanation:
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Answer:
R1: R2 : R3 ::: 4 : 9 : 16
Step-by-step explanation:
Let say Amount deposited are
P , 2P & 3P
& Rate of interest are R1 , R2 & R3
SI = 2S , 9S & 24S
2S = P * R1 * 1 /100
=> R1 = 200S/P
9S = 2P * R2 * 1 /100
=> R2 = 450S/P
24S = 3P * R3 * 1 /100
=> R3 = 800S/P
R1:R2 : R3 ::: 200S/P : 450S/P : 800S/P
=> R1:R2 : R3 ::: 20 : 45 : 80
=> R1:R2 : R3 ::: 4 : 9 : 16
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