Divide Rs 10000 in two parts so that the simple interest on the first part for 4 years at 12 per cent per annum may be equal to the simple interest on the second part for 4.5 years at 16 per cent per annum.
Given, money = 10000
Money should be divided into two parts, SI on first part for 4yr at 12% and SI on second part for 4.5yr at 16%
Let first part = 7X
Secon part = (10000-x)
⇒ SI1 =
= ![]()
⇒ SI2 =
= ![]()
⇒
= ![]()
⇒
= (10000 –x)
⇒
= (10000 –x)
⇒
x = 10000-x
⇒
= 10000
⇒ x = 6000
⇒ First part = 6000
⇒ Second part = 10000-x = 10000-6000 = 4000
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