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What will be the ratio of simple interest earned by certain amount at the same rate of interest for 6 years and that for 9 years?

Difficulty: Easy

Correct Answer: 2 : 3

Explanation:

Concept

For a fixed principal and rate, Simple Interest is directly proportional to time (SI ∝ t).


Step
Required ratio = SI for 6 years : SI for 9 years = 6 : 9 = 2 : 3


Final Answer: 2 : 3.

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