Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Simple Interest

Question:

A sum of ₹13600 is lent out in two parts in such a way that the interest on one part at 8% for 6 years is equal to that on another part at 6% for 9 years. Find the difference between two parts.

Options:

1600

800

1200

1000

Correct Answer:

800

Explanation:

Let the resp principals be P₁, P₂

P₁ x 8% x 6   =   P₂ x 6% x 9

P₁ x  48%       =   P₂ x 54%

P₁ : P₂ = 8 : 9

17R(Total) = 13600

⇒ 1R = 800

 Difference = 1R = 800