Question

A person invest some amount in a business into 2 parts. If he invest 1st part at 8% for 3 years and 2nd part invest at 7(1/2)% p.a. for 4 years. Total Simple Interest from both instalment is Rs. 2262. If 2/5th of the sum of first investment is equal to 3/7 times of the 2nd investment. Find the sum (principal) of each part?

A Rs.4,600, Rs.3,300
B Rs.4,700, Rs.3,200
C Rs 4,500, Rs 3,400
D Rs.4,900, Rs.3,000
E None of these
Practice Next

Hey! Ask a query