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What will be the ratio of simple interes...

What will be the ratio of simple interest earned by certain amount at the same rate of interest for 12 years and that for 18 years.

A

a. 1:2

B

b. 2:1

C

c. 2:3

D

d. none of these

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The correct Answer is:
To find the ratio of simple interest earned on a certain amount at the same rate of interest for 12 years and 18 years, we can follow these steps: ### Step-by-Step Solution: 1. **Understand the Formula for Simple Interest (SI)**: The formula for calculating simple interest is: \[ SI = \frac{P \times R \times T}{100} \] where \( P \) is the principal amount, \( R \) is the rate of interest, and \( T \) is the time in years. 2. **Calculate Simple Interest for 12 Years**: For a time period of 12 years, the simple interest can be expressed as: \[ SI_{12} = \frac{P \times R \times 12}{100} \] 3. **Calculate Simple Interest for 18 Years**: For a time period of 18 years, the simple interest can be expressed as: \[ SI_{18} = \frac{P \times R \times 18}{100} \] 4. **Set Up the Ratio**: We need to find the ratio of \( SI_{12} \) to \( SI_{18} \): \[ \text{Ratio} = \frac{SI_{12}}{SI_{18}} = \frac{\frac{P \times R \times 12}{100}}{\frac{P \times R \times 18}{100}} \] 5. **Simplify the Ratio**: Since \( P \), \( R \), and \( 100 \) are common in both the numerator and the denominator, they cancel out: \[ \text{Ratio} = \frac{12}{18} \] 6. **Reduce the Fraction**: Now, we can simplify \( \frac{12}{18} \): \[ \frac{12}{18} = \frac{2}{3} \] 7. **Final Answer**: Therefore, the ratio of simple interest earned for 12 years to that for 18 years is: \[ \text{Ratio} = 2 : 3 \]
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