Question

Divide rupees 10000 in two parts so that the simple interest on the first part for 4 years at 12 percent per annum may be equal to the simple interest on second part for 4.5 years at 16 percent per annum.

Answer 1

let the part is x& y
then x ×4×12=y×4.5×16
when solve then we find
x: y=3: 2

then x=6000
y=4000