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In which ratio he should deposit the savings in banks A and B ?

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The rates of simple interest in two banks A and B are in the ratio of 5 : 4 . A person wants to deposit his total savings in two banks in such a ways that he received equal hale yearly interest from both.

In which ratio he should deposit the savings in banks A and B ?

posted Feb 26, 2015 by Pankaj Deshmukh

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