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