Mathematics · Simple Interest
Divide an amount of Rs. 3600 into two parts in such a way that the simple interest on the first part at 5% per annum for 3 years is equal to the simple interest on the second part at 254% (6.25%) per annum for 4 years. These amounts are respectively:
- 1Rs. 2050 and Rs. 1550
- 2Rs. 2350 and Rs. 1250
- 3Rs. 2150 and Rs. 1450
- 4Rs. 2250 and Rs. 1350✓
Correct answer
Rs. 2250 and Rs. 1350
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