Mathematics · Simple Interest
The simple interest and the rate of interest for two different principal amounts are the same. The first amount is invested for a period of 3 years and the second for a period of 4 years. If the sum of the two principal amounts is Rs. 21,000, what are the individual principal amounts?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 11,000 and Rs. 10,000
- 2Rs. 9,000 and Rs. 12,000
- 3Rs. 8,000 and Rs. 13,000
- 4Rs. 12,000 and Rs. 9,000✓
Correct answer
Rs. 12,000 and Rs. 9,000
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