0 votes 0 votes The rates of simple interest in two banks $A$ and $B$ are in the ratio $5: 4$. A person wants to deposit his total savings in two banks in such a way that he received equal half-yearly interest from both. He should deposit the savings in Banks $A$ and $B$ in the ratio: $5:2$ $2:5$ $4:5$ $5:4$ Quantitative Aptitude nielit2019feb-scientistd ratio-proportion + – Lakshman Bhaiya asked Apr 3, 2020 retagged Nov 12, 2020 by soujanyareddy13 Lakshman Bhaiya 13.7k points 658 views answer comment Share See all 0 reply Please log in or register to add a comment.
1 votes 1 votes Correct option is C Let the rates of simple interest in bank A and bank B be 5R% and 4R% p.a. respectively and the amounts invested in the banks respectively be Rs. x and Rs. y. Then, x×1×1/2x5R/100 = y×1×1/2x4R/100 ⇒x/y=4/5 ⇒x:y=4:5. amritkar3k answered Feb 1, 2022 amritkar3k 84 points comment Share See all 0 reply Please log in or register to add a comment.