Question

Divide Rs 30000 into two parts such that the simple interest on the first part for 2 years at 8% per annum is equal to the simple interest on the second part for 4 years at the same rate of interest

guys explain + ans​

Answer 1

Answer:

Let the two parts be p and q. It is given

p+q=30000 equation 1

It is also given

p×(8/100)×2=q×(8/100)×4 After simplifying you get

p=2q

Put this value of p in equation 1

2q+q=30000

3q=30000

q=10000

p=2×10000=20000