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    Question

    When two equal amounts are deposited for 7 years and 5

    years at the rate of 6% and 8% per annum respectively, the difference of their simple interest is 300rs Then find the deposited amount.
    A 12000 Rs Correct Answer Incorrect Answer
    B 14000 Rs Correct Answer Incorrect Answer
    C 15000rs Correct Answer Incorrect Answer
    D 17000rs Correct Answer Incorrect Answer

    Solution

    Let the equal amount be P = x and given t₁=7year tā‚‚=5years Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā  r₁=6%, rā‚‚=8% now SI₁=x Ɨ 7Ɨ6/100 =42x/100 SIā‚‚ =x Ɨ 5Ɨ8/100 =40x/100 ATQ- SIā‚‚-SI₁=300 42x/100-40x/100 = 300 2x/100=300 2x=300Ɨ100 x=15000rs

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