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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 = ?**

__Question 1.__- 2 : 1
- 1 : 2
- 2 : 3
- 3 : 2

**Answer: Option A**

**A person invests Rs. 12000 as fixed deposit at a bank at the rate of 10% per annum simple interest. But due to some pressing needs he has to withdraw the entire money after three years, for which the bank allowed him a lower rate of interest. If he gets Rs. 3320 less than what he would have got at the end of 5 years, the rate of interest allowed by the bank is = ?**

__Question 3.__- $${\text{7}}\frac{5}{9}$$ %
- $${\text{7}}\frac{4}{9}$$ %
- $${\text{7}}\frac{8}{9}$$ %
- $${\text{8}}\frac{7}{9}$$ %

**Answer: Option B**

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