Rohit lends his 40800 Rs in two parts at simple interest. He lends one part for a period of 8 years at a rate of 6.25%. The other part he lends for 5 years at a rate of 7%. Both the parts earn him the same interest. Find the value of the smaller part of money.

Rohit lends his 40800 Rs in two parts at simple interest. He lends

1.	Rohit lends his 40800 Rs in two parts at simple interest. He lends one part for a period of 8 years at a rate of 6.25%. The other part he lends for 5 years at a rate of 7%. Both the parts earn him the same interest. Find the value of the smaller part of money.
A.	1300
B.	16800
C.	19200
D.	20100
Answer» C. 19200

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Rohit lends his 40800 Rs in two parts at simple interest. He lends one part for a period of 8 years at a rate of 6.25%. The other part he lends for 5 years at a rate of 7%. Both the parts earn him the same interest. Find the value of the smaller part of money.

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