Rs. x invested at 9% simple interest per annum for 5 years yields the same interest as that on Rs. y invested at 6.25% simple interest per annum for 8 years. Find x:y.

Rs. x invested at 9% simple interest per annum for 5 years yields the same interest as that on Rs. y invested at 6.25% simple interest per annum for 8 years. Find x:y. Correct Answer 10:9 \

  B) 10:9  
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Find the interest obtained after 3 years on a sum which is invested on compound interest at the rate of R% per annum? Statement I: If Rs. 32000 is invested on simple interest at the rate of R% per annum, then Rs. 4480 interest is obtained in 2 years. Statement II: The difference of simple and compound interest on the sum is Rs. 245 after 2 years when invested at same rate.