A part of Rs. 38800 is lent out at 6% per 6 months. The rest of the amount is lent out at 5% per annum after 1 year. The ratio of interest after 3 years from the time when first amount was lent out is 5:4. Find the second part that was lent out at 5%.
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Answer:
Step-by-step explanation:
Answer = 28800
Solutions=
F * 0.06 * 6 / (38800 - F) * 0.05 * 2 = 5/4
where F is the first part
1.44F = 19400 - 0.5F
F = 19400/1.94
= 10000
Thus, the second part = 38800 - 10000
=28800
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