A sum of Rs. 2691 is lent into two parts so that the interest on the first part for 8 years at 3% per annum may be equal to the interest on the second part for 3 years at 5% per annum. Find the second sum?
Choose the correct choice.
A) 1629	B) 1656	C) 1277	D) 6298	E) 1279

Rationale: "( x * 8 * 3 ) / 100 = ( ( 2691 - x ) * 3 * 5 ) / 100 24 x / 100 = 40365 / 100 - 15 x / 100 39 x = 40365 = > x = 1035 second sum = 2691 â € “ 1035 = 1656 answer : b"
Answer: B