In scheme A, a sum of Rs. 24,000 is put on simple interest for 2 years at a rate of 8% per annum. In scheme B, a sum of Rs. 24,000 is put at a rate of 5% per annum, compounded annually, for 2 years. The ratio of interest from A to that from B is:

In scheme A, a sum of Rs. 24,000 is put on simple interest for 2 years

1.	In scheme A, a sum of Rs. 24,000 is put on simple interest for 2 years at a rate of 8% per annum. In scheme B, a sum of Rs. 24,000 is put at a rate of 5% per annum, compounded annually, for 2 years. The ratio of interest from A to that from B is:
A.	41 : 64
B.	45 : 41
C.	41 : 45
D.	64 : 41
Answer» E.

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In scheme A, a sum of Rs. 24,000 is put on simple interest for 2 years at a rate of 8% per annum. In scheme B, a sum of Rs. 24,000 is put at a rate of 5% per annum, compounded annually, for 2 years. The ratio of interest from A to that from B is:

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