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If the simple interest on a sum of money at 35/4% for 10 years is equal to the simple interest on another sum of money for 7 years at 5%,find the ratio of two sums.​

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Answer:

The ratio is 2:5

Let the sum for 10 years be x1

and the sum for 7 years be x2.

Now, R1 = 35/4%

R2 = 5 %

T1 = 10 yrs.

T2 = 7 yrs.

Now, given that both the simple interest are equal.

SI for 10 yrs = SI for 7 yrs

So the ratio of their sum is 2:5.

Hope you got it

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