4. Divide 24,000 into two parts such that the simple interest on the first part for 4 years at 12% per
annum is equal to the simple interest on the second part for 6 years at 16% per annum.
Answers
Answered by
12
- first part = x
- second part = 24000-x
Answer :
- x×12×4/100 = (24000-x)16×6/100
- 48x /100 = (24000-x)96 /100
- 48x = 24000(96) -96x
- 48x+96x = 24000×96
- 144x = 2304000
- x = 2304000/144
- x = 16000
✯first part is 16000 and second part is 8000 respectively..
Similar questions