divide Rs3000 in to 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.
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Answer:
Rs.480 = Rs. 270
Step-by-step explanation:
Rs.3,000 is divided into two parts = 3,000/2
= Rs.1,500
p.t.1: simple interest(S.I.) = P*R*T/100
S.I. = 1,500*8*4/100 = Rs.480
p.t.2: simple interest(S.I.) = P*R*T/100
S.I. = 1.500*9*2/100 = Rs.270
A.T.Q , they are equal
so, S.I.1 = S.I.2
= Rs.480 = Rs. 270
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