1. If two different amounts in the ratio 8:9 are invested in Companies P and Q respectively in 2002, then the amounts received after one year as interests from Companies P and Q are respectively in the ratio?
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By: guest on 01 Jun 2017 11.13 pm
Let the amounts invested in 2002 in Companies P and Q be Rs. 8x and Rs. 9x respectively. Then, interest received after one year from Company P = Rs. (6% of 8x) = Rs. 48 x. 100 and interest received after one year from Company Q = Rs. (4% of 9x) = Rs. 36 x. 100 Required ratio = 48 x 100 = 4 . 36 x 100 3