Divide Rs. 12000 into two parts such that the SI on the first part for 2 years at 6% per annum is equal to the SI on the second part for 3 years at 8% per annum
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Let the first part be Rs x
Then the second part is Rs (12000 – x)
Given that interest on first part for 2 years = 6%
Recall the simple interest formula I = (PTR)/100
Hence Interest for first part
Given that interest on second part for 3 years = 8%
Hence the first part is Rs 8000 and the second part is Rs 4000.
Then the second part is Rs (12000 – x)
Given that interest on first part for 2 years = 6%
Recall the simple interest formula I = (PTR)/100
Hence Interest for first part
Given that interest on second part for 3 years = 8%
Hence the first part is Rs 8000 and the second part is Rs 4000.
VineetMangla:
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