divide rs.8,000 in to two parts such that the simple interest on one part lent out at 8 % p.a. for 5 years is equal to the simple interest of second part for 8 years at 3 % p.a.
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Answer:
3000 & 5000
Step-by-step explanation:
40% P1 = 24% P2
=> P1 : P2 = 24 : 40 = 3 : 5 = 3000 : 5000
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