The equal amounts of money are deposited in two banks each at 15% per annum for 3.5 years and 5 years respectively. If the difference between their interests is Rs.144, find the each sum?  Answers:
A) 640  B) 500  C) 3000  D) 1000  E) 2000
(P*5*15)/100 - (P*3.5*15)/100 = 144   75P/100 â€“ 52.5P/100 = 144   22.5P = 144 * 100   =&gt; P = Rs.640   640NSWER 640
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The equal amounts of money are deposited in two banks each at 15% per annum for 3.5 years and 5 years respectively. If the difference between their interests is Rs.144, find the each sum?