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1. |
The simple interest on a certain sum for 2 years at a certain rate of interest is Rs.2000 and compound interest on the same sum, same time and same rate of interest is Rs.2050. Then find the ratio between CI for 2 years and CI for 3 years? |
A. | 820 : 1361 |
B. | 820 : 1261 |
C. | 1261 : 820 |
D. | 1361 : 820 |
E. | None of these |
Answer» C. 1261 : 820 | |