Shivpatel Shivpatel

Answer to: A sum of Rs. 2600 is lent out in two parts in such a way that the simple interest on one part at 10% per annum for 5 years is equal to that on another part at 9% per annum for 6 years. The sum lent out at 9% is

10% for 5 years = 50%

9% for 6 years = 54%

50% of x = 54% of y

x/y = 54/5...