divide 12000 in two parts such that the simple interest on the first word for 2 years at 6% per annum is equal to the simple interest on the second part for 3 year at 8% per annum
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Given:
Principal=₹12000
To Find:
Divide 12000 in equal parts simple interest at 6% for first 2 years=simple interest at 8% on the second part for 3 years.
Solution:
Let the first part be ₹x.
Then, the second part =₹(1200-x)
SI on ₹x at 6% p.a. for 2 years:
₹
=₹
SI on ₹(12000-x) at 8%p.a. for 3 years=₹
=₹
∴
first part=₹8000
second part₹(12000-8000)=₹4000.
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