A sum of Rs. 2665 is lent into two parts so that the interest on the first part for 8 years at 3% per annum may be equal to the interest on the second part for 3 years at 5% per annum. Find the second sum? A. Rs.1678 B. Rs.1640 C. Rs.1650 D. Rs.1630 Answer Workspace Report Discuss Answer with explanation Answer: Option B Explanation let x is the first part of amount (x*8*3)/100 = ((2665 – x)*3*5)/100 24x/100 = 39975/100 – 15x/100 39x = 39975 x = 1025 Second sum = 2665 – 1025 = 1640 Workspace
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