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A sum of Rs. 1750 is divided into two parts such that the interests on the first part at 8% simple interest per annum and that on the other part at 6% simple interest per annum are equal. The interest on each part ( in Rupees) is ?

a) Rs. 60
b) Rs. 65
c) Rs. 70
d) Rs. 40

Answer: a
Explanation:
$$\eqalign{ & {\text{Principal = Rs}}{\text{. 1750}} \cr & {\text{Let the first part = }}x \cr & {\text{Hence second part}} \cr & {\text{ = }}\left( {1750 – x} \right) \cr & \Rightarrow x \times \frac{8}{{100}} \times 1 = \left( {1750 – x} \right) \times \frac{6}{{100}} \times 1 \cr & 4x = 5250 – 3x \cr & 7x = 5250 \cr & x = 750 \cr & {\text{First part = Rs}}{\text{. 750}} \cr & {\text{ Second part}} \cr & {\text{ = Rs}}{\text{. }}\left( {1750 – 750} \right) \cr & {\text{ = Rs}}{\text{. 1000}} \cr & {\text{Required interest}} \cr & {\text{ = 750}} \times \frac{8}{{100}} \cr & {\text{ = Rs}}{\text{. 60}} \cr} $$

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