divide 6000 into two parts such that the simple interest on the first part for 9 months at 12%per annum is equal to the simple interest on the second part for 3/2 years at 10% per annum
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≡QUESTION≡
Divide 6000 into two parts such that the simple interest on the first part for 9 months at 12%per annum is equal to the simple interest on the second part for 3/2 years at 10% per annum.
║⊕ANSWER⊕║
Let, First part be Rs x
Then second part = Rs(6000 - x)
S.I = P*R*T
=> x * 12/100 * 3/4 = (6000 - x) * 3/2 * 10/100
=> 9/100 * x = (6000 - x) * 3/2 * 10/100
=> 9x = 90000 - 15x
=> 24x = 90000
=> x = 3750
∴ First part = Rs 3750
second part = Rs (6000 - 3750)
= Rs 2250
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