Question

Divide Rs 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.

Answer 1

Answer:

Step-by-step explanation:

Answer 2

Divide Rs 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.

♦ Rs. 3000 / 2 = Rs. 1500 & Rs. 1500

4 years interest 1500×4 = 6000

2 years interest 1500×2 = 3000