Mathematics
Divide ₹ 15,600 into two parts such that the interest on one at 5 percent for 5 years may be equal to that on the other at per cent for 6 years.
Simple Interest
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Answer
Let the first part be ₹ and the second part be ₹ .
Hence
P1 = ₹
R1 = 5%
T1 = 5 years
P2 = ₹
R2 =
=
T2 = 6 years
Both interest are equal.
Other amount will be ₹ (15,600 - 8,100) = ₹ 7,500.
Hence, ₹ 8,100 and ₹ 7,500 are the two parts.
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