Elitmus
Exam
Numerical Ability
Simple & Compound Interest
a person borrows some money for 5 years and loan amount :total interest amount is 5:2.the ratio of loan amount :interest is equal to how much?
Read Solution (Total 1)
-
- 25:2
in the problem the ratio between principle amount and interest amount is given
i.e, P : SI = 5:2
=>P:(P*R*T)/100=5:2
=>1:(R*T)/100=5:2
we need ratio between P:R
i.e, P : R = P: (SI/T)
hence, P : R= 5 : (2/5)=25:2 - 7 years agoHelpfull: Yes(1) No(1)
Elitmus Other Question