A sum of 1,200 was lent partly at 5% and partly 6%
simple interest. The total interest received after 2
years was 128. The ratio of the money lent out at
5% and 6% is
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A sum of Rs 1,200 was lent partly at 5% and partly 6% simple interest. The total interest received after 2 years was Rs 128. The ratio of the money lent out at 5% and 6% is
December 27, 2019avatar
Shaik Vishvkarma
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ANSWER
Let the second part be Rs. x. Then first part is Rs. (1200−x)
So interest on first part =
100
(1200−x)×5×2
=
10
(1200−x)
And interest on second part =
100
(x)×6×2
=
25
3(x)
Now, according to question:
10
(1200−x)
+
25
3x
=128
Taking LCM and solving further, we get:
⇒5(1200−x)+6x=128×50
⇒6000−5x+6x=6400
⇒x=400.
So, second part is Rs. 400.
Hence, first part is (1200−x)=Rs. 800
Hence ratio of first part to second part is 800:400=2:1
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