Question

    Divide Rs 2500 into two parts such that the interest on one part at 12% for 2 years equals the interest on the other part at 6% for 4 years. Find the two parts.

    A Rs.125 and Rs.1250 Correct Answer Incorrect Answer
    B Rs.1250 and Rs.1250 Correct Answer Incorrect Answer
    C Rs.1200 and Rs.1350 Correct Answer Incorrect Answer
    D Rs.1250 and Rs.1050 Correct Answer Incorrect Answer
    E none of these Correct Answer Incorrect Answer

    Solution

    ATQ, Let 'c' be the sum at 12% and (2500 − c) at 6%. Equating the interest:- On Simplifying:- 24c = {(2500 × 24) - 24c} 24c = 60,000 - 24c 48c = 60,000 c = 60,000/48 c = 1250 The two sums are Rs 1250 and Rs 1250.

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