Question

Divide 2340 into two parts so that simple interest on the first when deposited for 2 years at 15% p.a.
and that on the second when deposited for 3 years at 16% p.a. in a bank add to give the total interest of
rs. 920.​

Answer 1

Step-by-step explanation:

2340/2=1170

From first 1170 of 15% interest is 1170.15/100

Is 175.5 and for 2 years it is 351.

Now for second part 1170 it is 16% so

1170.16/100=187.2

And for 3 years it is 561.6

So the total interest is 351+561.6=912.6

Hope it helps