Rs. 12000 is divided into two parts such that simple interest on the first part

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Rs. 12000 is divided into two parts such that simple interest on the first part for 3 years at 12% per annum may be equal to the simple interest on the second part for $$4\frac{1}{2}$$ years at 16% per annum. The ratio of the first part to the second part is = ?

Options:

A . 2 : 1

B . 1 : 2

C . 2 : 3

D . 3 : 2

Answer: Option A

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