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A sum of ₹1500 is lent out in two parts in such a way that the simple interest on one part at 10% per annum for 5 years is equal to that on another part at 12.5% per annum for 4 years. The sum lent out at 12.5% is :
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- ₹500
- ₹1000
- ₹750
- ₹1250
- ₹500
Correct Option: C
Let the sum lent out at 12.5% be p.
∴ Sum lent out at 10% = 1500 – p
Now, | = | ||
100 | 100 | 100 |
⇒ 50 (1500 – p ) = 50p
⇒ 2p = 1500
⇒ p = | = ₹ 750 | |
2 |