

InterviewSolution
Saved Bookmarks
1. |
A sum is split into five equal parts. They are lent at annual rates of simple interests of 1%, 2%,3%, 10% and 5%. They are lent for 6 years, 4 years, 3 years, 1 year and 1 year, respectively. The simple interest on how many parts is at least 20% of the total interest? |
Answer» 1 ii) FIND the interest on each part. iii) Find the sum of the interest of 5 parts. Check which is GREATER than `20%` of the sum of INTERESTS. |
|