Home
Class 14
MATHS
The following table shows different plan...

The following table shows different plans offered by a lender, type of interest and rates of interest applicable during first, second and third year.

If the amounts borrowed by a person under Plan B and Plan C are in the ratio of 16:13 and rate of interest applicable during the first year under Plans B and D is same, then what is the ratio of interest payable under these plans at the end of second year?

A

`5:6`

B

`3:5`

C

`3:4`

D

`5:4`

Text Solution

Verified by Experts

The correct Answer is:
D
Promotional Banner