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

Explanation:

Principal=Rs.1750

Let the first part=x

Hence second part=(1750−x)

According to the question

x×8\100×1=(1750−x)×6\100×1

4x=5250−3x

7x=5250

x=750

First part=Rs.750

∴Second part=

=Rs.(1750−750)

=Rs.1000

Required interest

=750×8\100=Rs.60