Rs 2500 is lend partially on 8% and 5% at simple interest. If after 3 years Rs.519 obtained as interest. Then find the ratio of two parts of amount.
Answer & explanation
Correct answer: option 2
Total interest of 3 Years = 519
Total interest of 1 Year = \(\frac{519}{3}\)
Rate of total interest = \(\frac{519}{3}\) × \(\frac{100}{2500}\) = \(\frac{519}{75}\) = \(\frac{173}{25}\)%
Now, ATQ
Therefore, Ratio of two parts = 16 : 9