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  1. If ₹12,000 is divided into two parts such that the simple interest on the first part for 3 years at 12% per annum is equal to the simple interest on the
    second part for 4
    1
    years at 16% per annum, the greater part is
    2

    1. ₹8,000
    2. ₹6,000
    3. ₹7,000
    4. ₹7,500
Correct Option: A

Let the larger part of the sum be p
∴ Smaller part = (12000 – p)
According to the question,

p × 3 × 12
=
(12000 - p) × 9 × 16
1002 × 100

⇒ 36 p = (12000 – p ) 72
⇒ p = (12000 – p ) × 2
⇒ p + 2p = 24000
⇒ 3p = 24000
⇒ p =
24000
= ₹ 8000
3



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