engineering recuitment MAHATRANSCO AE Electrical Mock Test Quantitative Aptitude Interest Simple Interest
A sum of Rs. 15000 is divided into two parts. The first part is invested at 8% per annum, while the other part is invested at 12% per annum. The interest in both cases is calculated on the principle of simple interest, and is found to be same at the end of 2 years. What are the two parts in which money was divided?
1
Rs. 7500 each
2
Rs. 7000 and Rs. 8000
3
Rs. 9000 and Rs. 6000
4
Rs. 5000 and Rs. 10000
5
Cannot be determined