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Line Chart - 8 Question 4 – answer, explanation & discussion

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Question 4 Back to Exercise
If two different amounts in the ratio 8:9 are invested in Companies P and Q respectively in 2002, then the amounts received after one year as interests from Companies P and Q are respectively in the ratio?

  • A 2:3
  • B 3:4
  • C 6:7
  • D 4:3 Correct
Correct Answer: Option D

Let the amounts invested in 2002 in Companies P and Q be ₹ 8x and ₹ 9x respectively.

Then, interest received after one year from Company P = ₹ (6% of 8x)
= ₹ 48 x.
100
and interest received after one year from Company Q = ₹(4% of 9x)
= ₹ 36 x.
100

Therefore Required ratio =
( 48 x )
100
= 4 .
( 36 x )
100
3

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