engineering recuitment AAI JE Technical Mock Test 2020-21 Quantitative Aptitude Interest Simple and Compound Both
An equal amount if money is invested at both simple interest and compound interest for 2 years. If the simple interest after 1 year is Rs. 17000 and compound interest after 2 years is Rs. 39100, then find the ratio of simple interest and amount received from compound interest after 2 years on sum of Rs. 10000 if the new rate is 10% more than the previous one.
1
49 : 20
2
20 : 49
3
40 : 49
4
49 : 40