Arun invested a sum of money at a certain rate of simple interest for a period of 4 yr. Had he invested the same sum fo

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Q 2454412354.     Arun invested a sum of money at a certain rate of simple interest for a period of 4 yr. Had he invested the same sum for a period of 6 yr the total interest earned by him would have been fifty per cent more than the earlier interest amount. What was the ratio of interest per cent per annum?
IPPB-PO 2017 Mains 2401
A

4

B

8

C

5

D

Cannot be determined

E

None of these

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Solution
(Provided By a Student and Checked/Corrected by EXXAMM.com Team)

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