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If a simple intrest on a sum of money at 6 percant p.a. for 7 yrs is equal to twice of simple intrest on another sum for 9 yrs at 5 percant the ratio of the principal will be?
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If a simple intrest on a sum of money at 6 percant p.a. for 7 yrs is e...
Solution:

Given Data:
- Rate of interest for the first sum = 6% p.a.
- Time period for the first sum = 7 years
- Rate of interest for the second sum = 5% p.a.
- Time period for the second sum = 9 years

Let's Assume:
- Principal for the first sum = P1
- Principal for the second sum = P2

Calculating Simple Interest:
- Simple Interest for the first sum = (P1 * 6 * 7) / 100
- Simple Interest for the second sum = (P2 * 5 * 9) / 100

According to the given condition:
- (P1 * 6 * 7) / 100 = 2 * (P2 * 5 * 9) / 100

Solving for P1/P2:
- P1 / P2 = 2 * 5 * 9 / 6 * 7
- P1 / P2 = 90 / 42
- P1 / P2 = 45 / 21
- P1 : P2 = 15 : 7
Therefore, the ratio of the principal for the first sum to the principal for the second sum is 15 : 7.
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If a simple intrest on a sum of money at 6 percant p.a. for 7 yrs is equal to twice of simple intrest on another sum for 9 yrs at 5 percant the ratio of the principal will be?
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If a simple intrest on a sum of money at 6 percant p.a. for 7 yrs is equal to twice of simple intrest on another sum for 9 yrs at 5 percant the ratio of the principal will be? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about If a simple intrest on a sum of money at 6 percant p.a. for 7 yrs is equal to twice of simple intrest on another sum for 9 yrs at 5 percant the ratio of the principal will be? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If a simple intrest on a sum of money at 6 percant p.a. for 7 yrs is equal to twice of simple intrest on another sum for 9 yrs at 5 percant the ratio of the principal will be?.
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