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A sum of Rs. 2800 is divided into two parts in such a way that the interest on both the parts is equal. If the first part is lent at 9% p.a. for 5 years and second part is for 6 years at 10% p.a., find the two sums.
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- Rs. 1800, Rs. 1000
- Rs. 1600, Rs. 1200
- Rs. 1400, Rs. 1400
- Rs. 1300, Rs. 1500
- Rs. 1800, Rs. 1000
Correct Option: B
Let first part be y.
∴ Second part = Rs. (2800 – y)
According to the question,
SI = | |
100 |
∴ | = | ||
100 | 100 |
⇒ 3y = 4 × 2800 – 4y
⇒ 7y = 4 × 2800
⇒ y = | = Rs. 1600 | |
7 |
∴ Second part = Rs. (2800 – 1600) = Rs. 1200