Multiple Choice Questions on The rate of Simple Interest in SBI amp BOB are in the ratio of 5 7 Gokul wants to deposit his total ........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

The rate of Simple Interest in SBI amp BOB are in the ratio of 5 7 Gokul wants to deposit his total ...........

Quantitative Aptitude ( CCS) Simple Interest
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    The rate of Simple Interest in SBI & BOB are in the ratio of 5:7. Gokul wants to deposit his total savings in two banks in such a way that he receive equal half-yearly interest from both banks.He should deposit in both banks SBI & BOB in the ratio of

    4:5

    Incorrect Answer

    7:5

    Correct Answer

    9:5

    Incorrect Answer

    8:5

    Incorrect Answer
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    Explanation:

    R1 =5x; R2=7x; T1=T2=1/2 yr
    [P1*5x*(1/2)]/100 = [P2*7x*(1/2)]/100
    P1:P2 = 7:5

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