Raju invested in two parts. One part at and the other at per annum. His total annual income from interest is . The ratio of the two parts respectively is:
- A
- B
- C
- D
Solution & Step-by-step Explanation
Let the part invested at be and the part invested at be .
The total annual income is the sum of simple interest from both parts:
So, the first part is .
The second part is:
The ratio of the two parts is:
The total annual income is the sum of simple interest from both parts:
So, the first part is .
The second part is:
The ratio of the two parts is: