A person divided a sum of Rs. 17,200 into three parts and invested at 5%. 6% and 9% per annum simple interest. At the end of two years, he got the same interest on each part of money. What is the money invested at 9%?

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Accepted Answer

Let sum invested @ 5% be P1, @ 6% be P2 then @ 9% =17200-(P1+P2) So according to question P1*5*2/100 = P2*6*2/100 or P1 = (6/5) P2 Also P2*6*2/100 = [17200-(P1+P2)]*9*2/100

A person divided a sum of Rs. 17,200 into three parts and invested at 5%. 6% and 9% per annum simple interest. At the end of two years, he got the same interest on each part of money. What is the money invested at 9%?

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