Question

divide rs 3000 between rita and sita so that rita's at the end of 3 years be equal to sita's share at the end of four year compound interest being calculated at 5% per annum

Answer 1

Answer:he parts are 1080 rupees and 2920 rupees.

Explanation:

Here, the total money = 3000 rupees,

Let x be the first part,

⇒ Second part = 3000 - x,

According to the question,

The simple interest on the first part for 4 years at 8% per annum = The simple interest on the Second part for 2 years at 9% per annum,

Thus, The first part = x = 1080 rupees, Second part = 3000 - x = 3000 - 1080 = 2920 rupees.