divide rs.8000 into two parts such that if one part were lent at 7½% per annum for two years and the other at 8% per annum for three years the total interest received is rupees 1416
Answers
Rs 5600 & Rs 2400 are two parts if Rs.8000 is divided in two parts such that one part be lent at 15/2℅ p.a. for 2years and the other at 8℅ p.a. for 3 Years and total interest = Rs 1416
Step-by-step explanation:
Let say first Part = Rs P
then second Part = 8000 - P Rs
First Part interest
P = P
R = 15/2 %
T = 2 Years
SI = P * (15/2) * 2 /100 = 15P/100 Rs
Second Part interest
P = 8000 - P
R = 8%
T = 3 Years
SI = (8000 - P) * 8 * 3 /100 = 1920 - 24P/100 Rs
15P/100 + 1920 - 24P/100 = 1416
=> 504 = 9P/100
=> 56 = P/100
=> P = 5600
1st Part = Rs 5600
2nd Part = 8000 - 5600 = 2400 Rs
Correct question is "Divide rs.8000 into two parts such that if one part were lent at 7½% per annum for two years and the other at 8% per annum for three years the total interest received is rupees 1416.Find amount of two parts ? "
Answer:
Required first part is 5600 rupees and second part is 2400 rupees.
Step-by-step explanation:
Given,divide rs.8000 into two parts.
Let first part is x rupees and second part is (8000-x) rupees.
It is also given that one part were lent at 7½% per annum for two years and the other at 8% per annum for three years.
Let x part lent at per annum for 2 years and (8000-x) part at 8% per annum for three years.
We know,
Simple interest
Where p is principal,r is rate of interest and t is time.
When,
Simple interest
and when,
Simple interest
According to question,
So, required first part is 5600 rupees and second part is (8000-5600) = 2400 rupees.
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