Question

divide ₹ 24000 into two parts such that the simple interest on the first part 4 years at 12% per annum is equal to the simple interest on the second part for 6 years for 16% per annum.​

Answer 1

Step-by-step explanation:

Let the two parts be x ans 6000−x

Simple interest =

100

principle×rate×time

⇒

100

x(6)(2)

=

100

(6000−x)(8)(3)

⇒x=12000−2x

⇒3x=12000

⇒x=4000

To parts are Rs.4000, 2000