A person sells an electric heater for Rs. 1100. Rs.500 is given as down payment followed by Rs. 620 after a month. The same electric heater is sold to another person with a down payment of Rs. 600 followed by Rs. 540 after a month. Find the ratio of rate of simple interest charged under installment plan in the first case to second case.

1
5 ∶ 12
2
1 ∶ 2
3
2 ∶ 3
4
None of these

Sponsored

hivanix.in

Visit

This quiz is brought to you by hivanix.in

🌐 Web App Development

Quick Navigation