1.

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?

Answer»

RS 18,000
Rs 22,000
Rs 24,000
Rs 26,000

Solution :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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