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Question

The ratio of simple interests in two banks are in the ratio 4:5. Tom wants to deposit his total savings in both the banks such that he receives same half yearly interest from both the banks. He should deposit his savings in both the banks in the ratio:

A
4:5
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B
5:4
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C
16:25
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D
25:16
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E
None of these
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Solution

The correct option is B 5:4
Let A and B be the amounts deposited in the banks and the simple interests offered be 4x and 5x, time be t
Then
A×4x100×t=B×5x100×t
4A = 5B
A:B = 5:4

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