Q. 1314.7( 3 Votes )

Divide Rs 10000 in two parts so that the simple interest on the first part for 4 years at 12 per cent per annum may be equal to the simple interest on the second part for 4.5 years at 16 per cent per annum.

Answer :

Given, money = 10000


Money should be divided into two parts, SI on first part for 4yr at 12% and SI on second part for 4.5yr at 16%


Let first part = 7X


Secon part = (10000-x)


SI1 = =


SI2 = =


=


= (10000 –x)


= (10000 –x)


x = 10000-x


= 10000


x = 6000


First part = 6000


Second part = 10000-x = 10000-6000 = 4000


Rate this question :

How useful is this solution?
We strive to provide quality solutions. Please rate us to serve you better.
RELATED QUESTIONS :