Divide ₹3000 into two parts such that the simple interest on the first part for 4 years at 8% per annum is equal to the simple interest on the second part for 2 years at 9% per annum?
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Step-by-step explanation:
divide rupees 3000 into 2 parts such that the simple interest on the first part for 4 years at 8% per annum is = to the simple interest on the 2 part for 2 years at 9% per annum. Answer: The parts are 1080 rupees and 2920 rupees. Thus, The first part = x = 1080 rupees, Second part = 3000 - x = 3000 - 1080 = 2920 rupees
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