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A sum of 7,700 is lent on simple interest in two parts in such a way that the interest on the first part at 20% p.a. for 5 years is equal to the interest on the other part at 9% p.a. for 6 years. Find the smaller part of the sums lent in two parts.
A sum of 7,700 is lent on simple interest in two parts in such a way that the interest on the first part at 20% p.a. for 5 years is equal to the interest on the other part at 9% p.a. for 6 years. Find the smaller part of the sums lent in two parts.
Updated On: Mar 21, 2024
- 2,400
- 5,000
- 5,300
- 2,700
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The Correct Option is D
Solution and Explanation
The Correct answer is option (D) : 2,700
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