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1. |
12,000 is divided into two parts so that the simple interest on the first part for 3 years at 12% per annum may be equal to the simple interest on the second part for 4 1 2 years at 16% per annum. The ratio of the first part to the second part is |
A. | 2 : 1 |
B. | 1 : 2 |
C. | 2 : 3 |
D. | 3 : 2 |
Answer» B. 1 : 2 | |