d Word Problem 3 | Job Exam Rare Mathematics (JEMrare) - Solved MCQs

# Word Problem 3

Problem 3: On a part of  amount of Rs 1500,  simple interest is applied @ 5% for one year. On the other part interest is applied @ 6% annually. The sum of both interests is Rs 85. Find the ration between two parts of the amount.

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Solution:

Here,

Using formula for Interest;

For First Case;

P = y, R=5, T= 1

So,

So. we take it first Interest,

For 2nd case;

P= 1500-y, R = 6, T =1

Again using;

We take it 2nd interest,

According to statement;

Ration

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