A deposits an amount x at 5% per annum simple interest in a

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IB ACIO Grade-II (Executive) Official Paper (Held On: 20 Feb, 2021 Shift 2)
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M: +1.00/-0.25

A deposits an amount x at 5% per annum simple interest in a bank. His brother B deposits an amount y at 10% annual interest compounded annually. After 1 year, the interest received by B is twice the interest received by A. What is the value of y ∶ x ?

[IB ACIO Grade-II (Executive) Official Paper (Held On: 20 Feb, 2021 Shift 2)]

A

3 ∶ 2

B

1 ∶ 1

C

2 ∶ 1

D

2 ∶ 3

EXPLANATION

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