A sum of Rs. 2704 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?
Choices:
A) 1672
B) 1664
C) 1677
D) 1698
E) 1679

Rationale: "( x * 8 * 3 ) / 100 = ( ( 2704 - x ) * 3 * 5 ) / 100 24 x / 100 = 40560 / 100 - 15 x / 100 39 x = 40560 = > x = 1040 second sum = 2704 â € “ 1040 = 1664 answer : b"
Answer: B