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Q: Rita invested a sum of money at the rate of 2.5% rate for 4 years. Sita invested the same amount at the same rate for 6 years. What is the ratio of the simple interest earned by Sita to that earned by Rita?
  • A. 3 : 2
  • B. 2 : 3
  • C. 1 : 3
  • D. 1 : 4
Correct Answer: Option A -
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Explanations:

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