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Rs. 8000 have been divided into two part...

Rs. 8000 have been divided into two parts such that if one part is lent a `7 1/2`% per annum for 2 years and the other at 8% per annum for 3 years, then the total interest received is Rs. 1416. Find the two parts.

A

Rs. 5550,Rs. 2450

B

Rs. 5650, Rs. 2350

C

Rs. 5625, Rs. 2375

D

Rs. 5600, Rs. 2400

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem, we need to divide Rs. 8000 into two parts such that the interest earned from both parts equals Rs. 1416. Let's denote the two parts as follows: Let: - Part 1 = x (the amount lent at 7.5% per annum for 2 years) - Part 2 = 8000 - x (the amount lent at 8% per annum for 3 years) ### Step-by-Step Solution: 1. **Calculate the Interest from Part 1:** - The formula for Simple Interest (SI) is: \[ SI = \frac{P \times R \times T}{100} \] - For Part 1: - Principal (P) = x - Rate (R) = 7.5% = \frac{15}{2}% - Time (T) = 2 years - Therefore, the interest (I1) from Part 1 is: \[ I_1 = \frac{x \times \frac{15}{2} \times 2}{100} = \frac{15x}{100} = \frac{3x}{20} \] 2. **Calculate the Interest from Part 2:** - For Part 2: - Principal (P) = 8000 - x - Rate (R) = 8% - Time (T) = 3 years - Therefore, the interest (I2) from Part 2 is: \[ I_2 = \frac{(8000 - x) \times 8 \times 3}{100} = \frac{24(8000 - x)}{100} = \frac{192000 - 24x}{100} \] 3. **Set Up the Equation for Total Interest:** - According to the problem, the total interest from both parts is Rs. 1416: \[ I_1 + I_2 = 1416 \] - Substituting the expressions for I1 and I2: \[ \frac{3x}{20} + \frac{192000 - 24x}{100} = 1416 \] 4. **Clear the Denominators:** - To eliminate the fractions, multiply the entire equation by 100: \[ 100 \left(\frac{3x}{20}\right) + (192000 - 24x) = 141600 \] - Simplifying gives: \[ 15x + 192000 - 24x = 141600 \] 5. **Combine Like Terms:** - Combine the x terms: \[ -9x + 192000 = 141600 \] 6. **Isolate x:** - Rearranging gives: \[ -9x = 141600 - 192000 \] \[ -9x = -50400 \] \[ x = \frac{50400}{9} = 5600 \] 7. **Find the Two Parts:** - Part 1 = x = Rs. 5600 - Part 2 = 8000 - x = 8000 - 5600 = Rs. 2400 ### Final Answer: - The two parts are Rs. 5600 and Rs. 2400.
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