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Discussion :: Simple Interest

  1. A part of certain sum of money is invested at 9% per annum and the rest at 12% per annum, if the interest earned in each case for the same period is equal, then ratio of the sums invested is?
    2. A.
    2:3
    B.
    3:4
    C.
    4:3
    D.
    None

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    Answer : Option C

    Explanation :

    12:9 

    = 4:3

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