Answer :
⇒ Let the sum be x
Given, P1 = x, R1 = 12% and T1 = 8 year and
P2 = x, R2 = 14% and T2 = 5 year
⇒ The difference between I1 and I2 is 3120
⇒ I1-I2 = 3120
⇒ 
– 
= 3120
⇒ 
- 
= 3120
⇒ 96x- 70x = 3120 × 100
⇒ 26x = 312000
⇒ x = 12000
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