Divide * 1600 into two parts in such a way that simple interest on the first part at 10% for 2 years is equal to the interest on t

Question

Divide * 1600 into two parts in such a way
that simple interest on the first part at 10%
for 2 years is equal to the interest on the
other part
irt at 8% for
12 years.​

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Ivy 1 week 2021-09-14T01:00:11+00:00 1 Answer 0 views 0

Answers ( )

    0
    2021-09-14T01:01:41+00:00

    Answer:

    1600/2=800

    800*10% = 80

    80*24=1920

    800*8% =64

    64*24=1536

    one year 12 months

    2 year = 24 months

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