The Equal Amounts Of Money Are Deposited In Two Banks Each At 15% Per

1.	The Equal Amounts Of Money Are Deposited In Two Banks Each At 15% Per Annum For 3.5 Years And 5 Years Respectively. If The Difference Between Their Interests Is Rs.144, Find The Each Sum?
Answer» <P>(P515)/100 - (P3.515)/100 = 144 75P/100 – 52.5P/100 = 144 22.5P = 144 * 100 =&GT; P = Rs.640. (P515)/100 - (P3.515)/100 = 144 75P/100 – 52.5P/100 = 144 22.5P = 144 * 100 => P = Rs.640.

The Equal Amounts Of Money Are Deposited In Two Banks Each At 15% Per Annum For 3.5 Years And 5 Years Respectively. If The Difference Between Their Interests Is Rs.144, Find The Each Sum?

Answer»

<P>(P*5*15)/100 - (P*3.5*15)/100 = 144

75P/100 – 52.5P/100 = 144

22.5P = 144 * 100

=&GT; P = Rs.640.

(P*5*15)/100 - (P*3.5*15)/100 = 144

75P/100 – 52.5P/100 = 144

22.5P = 144 * 100

=> P = Rs.640.