If the simple interest on a sum of money at 35/4% for 10 years is equal to the simple interest on another sum of money for 7 years at 5%,
find the ratio of two sums.
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Answer:
The ratio is 2:5
Step-by-step explanation:
Let the sum for 10 years be x1
and the sum for 7 years be x2.
Now, R1 = 35/4%
R2 = 5 %
T1 = 10 yrs.
T2 = 7 yrs.
Now, given that both the simple interest are equal.
SI for 10 yrs = SI for 7 yrs
So the ratio of their sum is 2:5.
Hope you got it
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