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A sum of ₹1750 is divided into two parts such that the interests on the first part at 8% simple interest per annum and that on the other part at 6% simple interest per annum are equal. The interest on each part (In rupees) is
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- 60
- 65
- 70
- 40
- 60
Correct Option: A
Let first part be p and second part be(1750 – p )
According to the question,
p × | = (1750 - p) × | ||
100 | 100 |
⇒ 8p + 6p = 1750 × 6
⇒ 14p = 1750 × 6
⇒ p = | = ₹750 | |
14 |
∴ Simple Interest = 8% of 750
Simple Interest = 750 × | = ₹ 60 | |
100 |