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Rs 18,600 was divided among three parts ...

Rs 18,600 was divided among three parts and each part was lent out at 10% per annum rate of simple interest for 2 years, 4 years and 5 years respectively. If the total amount (interest + principal) is same in all the three conditions, Find each part.

A

5600,6000, 7000

B

6000, 7000, 5600

C

7000,6000, 5600

D

5600, 7000, 6000

Text Solution

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The correct Answer is:
To solve the problem of dividing Rs 18,600 into three parts such that each part, when lent out at a 10% per annum simple interest rate for different durations, yields the same total amount (principal + interest), we can follow these steps: ### Step 1: Define the Parts Let the three parts be: - Part A = Principal amount lent for 2 years - Part B = Principal amount lent for 4 years - Part C = Principal amount lent for 5 years ### Step 2: Write the Total Amount for Each Part The total amount (Principal + Interest) for each part can be calculated using the formula for simple interest: \[ \text{Total Amount} = \text{Principal} + \text{Simple Interest} \] Where Simple Interest (SI) is given by: \[ \text{SI} = \frac{P \times R \times T}{100} \] Here, \( P \) is the principal, \( R \) is the rate of interest, and \( T \) is the time in years. For each part, we can express the total amounts as follows: 1. For Part A (2 years): \[ \text{Total Amount A} = A + \frac{A \times 10 \times 2}{100} = A + 0.2A = 1.2A \] 2. For Part B (4 years): \[ \text{Total Amount B} = B + \frac{B \times 10 \times 4}{100} = B + 0.4B = 1.4B \] 3. For Part C (5 years): \[ \text{Total Amount C} = C + \frac{C \times 10 \times 5}{100} = C + 0.5C = 1.5C \] ### Step 3: Set Up the Equation Since the total amounts are the same, we can set the equations equal to each other: \[ 1.2A = 1.4B = 1.5C \] ### Step 4: Express in Terms of a Common Variable Let’s express \( A \), \( B \), and \( C \) in terms of a common variable \( k \): \[ 1.2A = 1.4B \implies A = \frac{1.4}{1.2}B = \frac{7}{6}B \] \[ 1.4B = 1.5C \implies B = \frac{1.5}{1.4}C = \frac{15}{14}C \] Now substituting \( B \) in terms of \( C \) into the equation for \( A \): \[ A = \frac{7}{6} \left(\frac{15}{14}C\right) = \frac{105}{84}C = \frac{5}{4}C \] ### Step 5: Express All Parts in Terms of C Now we have: - \( A = \frac{5}{4}C \) - \( B = \frac{15}{14}C \) - \( C = C \) ### Step 6: Substitute into the Total Amount The total amount of all parts is given as Rs 18,600: \[ A + B + C = 18600 \] Substituting the values of \( A \) and \( B \): \[ \frac{5}{4}C + \frac{15}{14}C + C = 18600 \] ### Step 7: Find a Common Denominator and Solve The common denominator for 4, 14, and 1 is 28: \[ \frac{35}{28}C + \frac{30}{28}C + \frac{28}{28}C = 18600 \] Combining the fractions: \[ \frac{93}{28}C = 18600 \] Now, solve for \( C \): \[ C = 18600 \times \frac{28}{93} = 5600 \] ### Step 8: Find A and B Now substitute \( C \) back to find \( A \) and \( B \): \[ B = \frac{15}{14}C = \frac{15}{14} \times 5600 = 6000 \] \[ A = \frac{5}{4}C = \frac{5}{4} \times 5600 = 7000 \] ### Final Parts Thus, the three parts are: - Part A = Rs 7,000 - Part B = Rs 6,000 - Part C = Rs 5,600
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