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Question

The rates of simple interest in two banks A and B are in the ratio 5 : 4. A person wants to deposit his total savings in two tanks in such a way that he received equal half yearly interest form both. He should deposit the savings in banks A and B in the ratio of

A
2 : 5
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B
4 : 5
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C
5 : 2
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D
5 : 4
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Solution

The correct option is A 4 : 5
We know that SI=PNR100
We clearly see that when Simple Interest and the time N is constant or same, then Principal P varies inversely with R
So, if R is in the ratio 5:4 then P deposited should be in the inverse 4:5

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