What will be the ratio of simple interest earned by certain amount at the same rate of interest for 6 years and that for 9 years?
Aptitude
Simple Interest
Difficulty: Easy
Choose an option
Answer
Correct Answer: 2 : 3
Explanation
Concept
For a fixed principal and rate, Simple Interest is directly proportional to time (SI ∝ t).
StepRequired ratio = SI for 6 years : SI for 9 years = 6 : 9 = 2 : 3
Final Answer: 2 : 3.