Divide 1600 into two parts in such a way that simple interest on the first part at 10% for 2 years is equal to the interest on the other part at 8% for 1 whole1/2 years.
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1600/2=800
800*10% = 80
80*24-1920
800*8% =64
64*24=1536
one year 12 months
2 year 24 months
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