Question

A person invests money in three different schemes for 6 years,10years and 12 years at 10%,12% and 15% simple interest respectively.At the completion of each scheme he gets the same interest.The ratio of his investment is?

Answer 1

Let the principal in each case = 100 units

According to the question,

Interest is same in each so equal the interest.

Hence required ratio = 600 : 300 :200 of

sum 6:3:2

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