Divide ₹4250 into two parts such that simple interest on one at 7×1/2% per annum for 3 years would be equal to the simple interest on the other at 5% per annum for 4 years.
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Answer:
4250-P / P = 5x4. / 3x12
4250/P. - 1 = 5/9
4250 ×9/14= P
P= 4250×9/14 = 2732
part 1 is 2732 ,
part.2 is 4250-2732 =1518
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