Ravi invested certain amount for two rates of simple interests at 6% p.a. and 7% p.a. What is the ratio of Ravi's investments if the interests from those investments are equal

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Iron man · Accepted Answer

Let x be the investment of Ravi in 6% and y be in 7% 

x(6)(n)/100 = y(7)(n)/100 
=> x/y = 7/6
x : y = 7 : 6

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Ravi invested certain amount for two rates of simple interests at 6% p.a. and 7% p.a. What is the ratio of Ravi's investments if the interests from those investments are equal

Answer is "7 : 6"

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