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A sum of Rs 62,000 is divided into three parts such that the corresponding interests earned for 3 years, 5 years and 6 years are equal. If the rates of simple interest are 5% per annum, 4% per annum and 3% per annum, then what is the greatest of the sum that were lens?A. Rs 18,000B. Rs 22,000C. Rs 24,000D. Rs 26,000 |
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Answer» Correct Answer - C i) Let the sums lent be Rs `x`, Rs y and Rs 22,000-`(x+y)`. ii) `(x xx 3 xx 5)/100 = (y xx 5 xx 4)/100 = (([(22,000-(x+y))]6xx3)/100)`. iii) Solve the above equation and find the least of the sums. |
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