Math Problem Statement
Divide 3000 taka into two parts such that the ratio of the interest of the first part at a rate of 6% for 5 years and the interest of the second part at a rate of 4% for 3 years is 5:8.
Solution
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Math Problem Analysis
Mathematical Concepts
Algebra
Ratios
Simple Interest Calculation
Formulas
Simple Interest = (P × R × T) / 100
Ratio Formula
Theorems
Simple Interest Theorem
Suitable Grade Level
Grades 9-10
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