Question

divide 20000 into two parts such that simple interest on once at 5% for 4 years may be equal to that on the other at 4% for 6 years​

Answer 1

Answer:

10909.09 , 9090.91

Step-by-step explanation:

let one part be x & other part be (20,000 - x) , s.i1 = s.i 2

20% of x = 24% of (20000-x)

20x = 480000 - 24x => 44x = 480000

x =10909.09 & 20000 - x

= 20000 - 10909.09 = 9090.91