Discussion :: Simple Interest
- Divide Rs. 2379 into 3 parts so that their amounts after 2, 3 and 4 years respectively may be equal, the rate of interest being 5% per annum at simple interest. The first part is?
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Answer : Option D
Explanation :
Let the parts be x, y and [2379 - (x + y)]
x + (x * 2 * 5/100) = y + (y * 3 * 5/100) = z + (z * 4 * 5/100)
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