Question

sum of ₹ 1750 divided into 2 parts.Interest on first @8% per annum is equal to simple interest on second part @6% per annum. Interest on each part is?

Answer 1

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Let first part = Rs. x and second part = Rs. (1750-x)
According to the question.
x×8/100=(1750-x)×6/100
8x + 6x = 1750 x 6
14x = 1750 x 6
x=(1750×6)/10=Rs.750
Interest = 8% of Rs. 750
= 750 × 8/100=Rs,750
= 750 × 8/100=Rs.60


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