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


Discussion

No Comment Found

Related MCQs