What is the ratio of simple interest earned by a certain amount at the same rate of interest for 5 years and that for 15 years
Guys please explain with steps.... Please
Answers
Answered by
1
Answer:
1:3 Ans
Step-by-step explanation:
Let Principal Be 100 and rate = r%
then
100×r×5/100 : 100×r×15/100
=> 5r : 15r
=> 1 : 3 [Ans]
Similar questions