Ram's income is $25\%$ more than Shyam's. If Ram's income is decreased by $10\%$ and Shyam's income is increased by $20\%$, what is the ratio of their new incomes?
Options:
- A: $14:15$
- B: $15:16$
- C: $16:15$
- D: $2:3$
Related Practice Questions:
- A sum of ₹4000 is invested at compound interest for 2 years at a rate of 10% per annum. What will be the total amount at the end of 2 years?
- At what rate of simple interest per annum will a sum of money double itself in 8 years?
- The difference between the compound interest and simple interest on a certain sum of money for 2 years at 5% per annum is ₹25. Find the sum.
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