Practicing Success
A sum of Rs 2525 is lent out in two parts in such a way that the interest on one part at 7% for 4 years is equals to that on another part at 6% for 7 years. Find the difference between the two parts of the sum. |
Rs. 505 Rs. 1515 Rs. 1010 Rs. 1212 |
Rs. 505 |
Total sum = P = P1 + P2 ATQ, P1 x 7% x4 = P2 x 6% x 7 P1 x 28% = P2 x 42% 2 x P1 = 3 x P2 ⇒ P1 : P2 = 3 : 2 = 5R (Total) ⇒ 5R = 2525, 1R = 505 Difference b/w P1 and P2 = 1R = 505 |