divide 1200/- into two parts such that the simple interest on the first part for 2 years at 6% per annum is equal to the simple on the second part for 3 years at 8% per annum.
Answers
6% will account for Rs. 800 and Rs. 400 will account for 8%Step-by-step explanation:
Total amount of money = Rs. 1200
Let the one part of amount be x then the second part will be (1200 - x)
⇒ 0.06 × x × 2 = (1200 - x) × 0.08 × 3
⇒ 0.12x = (1200 - x) × 0.24
⇒ 0.12x = 288 - 0.24x
⇒ 0.12x + 0.24x = 288
⇒ 0.36x = 288
⇒ x = 800
So, The first part be Rs 800
Then the second part will be (1200 - 800) = Rs. 400
So, 6% will account for Rs. 800 and Rs. 400 will account for 8%
Answer:
Answer:
Let the 1st part be Rs = x
2nd part is = 1200 - x
Given,
the interest on initial half for 2 years = 6 %
According to formula
SI = PRT / 100
Interest on 2nd part for 3 years = 8 %
Interest for 1st part = (1200-x)× 3× 8 /100 = 24 (1200-x) /100
according to question,
=> 12x /100 = 24(1200-x) /100
=> x =2(1200-x)
=> 3x =240
=> x =800
The first half is Rs 800 and second half is Rs 400