Question

Divide Rs 6000 into two parts such that the simple interest on first part for 3 years at 12% per annum is equal to the simple interest on second part at 16% per annum for 4.5years.

Please.. guys solve in detail.... ​

Answer 1

Answer

6000 into two parts so that simple interest on the first part for 2 years at 6% p.a. may be equal to the simple interest on the second part for 3 years at 8% p.a.