If 12,000 is divided into two parts such that the simple interest on – McqOptions

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1.

If 12,000 is divided into two parts such that the simple interest on the first part for 3 years at 12% per annum is equal to the simple interest on the
second part for 4 1 years at 16% per annum, the greater part is
2

A.

8,000

B.

6,000

C.

7,000

D.

7,500

Answer» B. 6,000

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