A sum of money of Rs. 1000 is lent out in two parts in such a way that the interest on one part at 10% per annum for 5 years is equal to another at 5% for 10 years. Calculate the stun lent out at 5%.
Let one part of money is 'x' then 2nd part is 1000-x
Interest on first part is$$ I_1=\frac{P\times{R}\times{T}}{100}=\frac{{x}\times10\times5}{100}$$
$$I_1=0.5x$$
Similarly for 2nd part
Interest on 2nd part is$$ I_2=\frac{P\times{R}\times{T}}{100}=\frac{{1000-x}\times5\times10}{100}$$
$$I_2=\frac{1000-x}{2}$$
Given $$I_1=I_2$$
$$0.5x=\frac{1000-x}{2}$$
$$x+x=1000$$
$$x=500$$Â Â Â 1st part
$$1000-500=500$$ 2nd part
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