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1. |
A deposits an amount x at 5% per annum simple interest in a bank. His brother B deposits an amount y at 10% annual interest compounded annually. After 1 year, the interest received by B is twice the interest received by A. What is the value of y ∶ x ? |
A. | 3 ∶ 2 |
B. | 1 ∶ 1 |
C. | 2 ∶ 1 |
D. | 2 ∶ 3 |
Answer» C. 2 ∶ 1 | |