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Study Stuff for MCA Examinations - NIMCET
Study Stuff for MCA Examinations - NIMCET
Previous Year Question (PYQs)
Sitaram, a money lender lent a part of Rs. $200000$ to Shyam at simple interest $6%$ p.a. and the remaining to Sushil at $10%$ p.a. at simple interest.
Sitaram earned an annual interest income of Rs. $18000$.
What is the ratio of the interest paid by Shyam and Sushil respectively?
Solution
$50000\times 6% = 3000$
Interest from Sushil:
$150000\times 10% = 15000$
Ratio:
$3000:15000$
$=1:5$
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