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Divide Rs. 6000 into two parts so that simple interest on the first part for 2 years at 6% p.a. may be equal to the simple interest on the second part for 3 years at 8% p.a.
Answer & Solution
Correct Answer:
Option
A
$$\eqalign{
& {\text{Let}}\,{1^{st}}\,{\text{part}}\,{\text{is}}\,x\,{\text{and}}\,{2^{nd}}\,{\text{part}}\,{\text{is}}\,\left( {6000 - x} \right) \cr
& {\text{According}}\,{\text{to}}\,{\text{question}}, \cr
& {\frac{{x \times 2 \times 6}}{{100}}} = \frac{{ {\left( {6000 - x} \right) \times 3 \times 8} }}{{100}} \cr
& 12x = 144000 - 24x \cr
& Or,\,36x = 144000 \cr
& Or,\,x = \frac{{144000}}{{36}} = Rs.\,4000 \cr
& {1^{st}}\,{\text{part}} = Rs.\,4000 \cr
& {2^{nd}}\,{\text{part}} = Rs.\,2000 \cr} $$
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