Multiple Choice Questions on The rate of Simple Interest in UBI amp BOI are in the ratio of 5 4 Mr Naveen wants to deposit his to........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

The rate of Simple Interest in UBI amp BOI are in the ratio of 5 4 Mr Naveen wants to deposit his to...........

Quantitative Aptitude ( CCS) Simple Interest
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    The rate of Simple Interest in UBI & BOI are in the ratio of 5:4. Mr.Naveen 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 UBI & BOI in the ratio of

    2:5

    Incorrect Answer

    1:5

    Incorrect Answer

    4:5

    Correct Answer

    3:5

    Incorrect Answer
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    Explanation:

    R1 =5x R2=4x T1=T2=1/2 yr
    [P1*5x*(1/2)]/100 = [P2*4x*(1/2)]/100
    P1:P2 = 4:5

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