Q. Two people invest Rs. 2000 and Rs. 3000 respectively at same simple interest rate for same time. How will total interest be divided between them?
β
Correct Answer: (B)
2:3
Explanation: Interest share ∝ principal at same rate and time. Ratio 2000:3000 simplifies to 2:3. Other options are incorrect simplifications.
Explanation by: Mr. Dubey
Interest share ∝ principal at same rate and time. Ratio 2000:3000 simplifies to 2:3. Other options are incorrect simplifications.