The rates of simple interest in two banks x and y are in the ratio of 10 8 Rajini wants to deposit h...........

Quant (SSC) Simple Interest

The rates of simple interest in two banks x and y are in the ratio of 10 : 8. Rajini wants to deposit her total savings in two banks in such a way that she receives equal half-yearly interest from both. She should deposit the savings in banks x and y in the ratio of

4 : 5

3 : 5

5 : 4

2 : 1

छोटे Courses बड़े Results

Master Simple Interest

Prepare through Micro-courses

Try Now

Explanation:

Let the savings be P and Q and rates of SI be 10x and 8x, respectively.
Then, P × 10x × 1/2 x 1/100
= Q × 8x × 1/2 x 1/100
⇒ 10P = 80
∴ P/Q = 8/10 = 4/5
∴ P : Q = 4 : 5.