1. **Problem Statement:**
Two capitals of 300000 and 700000 are invested for the same duration at an interest rate of 7% per annum. The total interest earned is 105000. We need to find the common duration in months.
2. **Formula Used:**
Simple interest formula: $$I = P \times r \times t$$
where $I$ is interest, $P$ is principal, $r$ is rate per year (in decimal), and $t$ is time in years.
3. **Step-by-step Solution:**
- Let the common duration be $t$ months.
- Convert $t$ months to years: $$t_{years} = \frac{t}{12}$$
- Calculate interest from first capital:
$$I_1 = 300000 \times 0.07 \times \frac{t}{12}$$
- Calculate interest from second capital:
$$I_2 = 700000 \times 0.07 \times \frac{t}{12}$$
- Total interest is given as 105000, so:
$$I_1 + I_2 = 105000$$
$$300000 \times 0.07 \times \frac{t}{12} + 700000 \times 0.07 \times \frac{t}{12} = 105000$$
4. **Simplify the equation:**
$$0.07 \times \frac{t}{12} \times (300000 + 700000) = 105000$$
$$0.07 \times \frac{t}{12} \times 1000000 = 105000$$
5. **Solve for $t$:**
$$\frac{0.07 \times 1000000 \times t}{12} = 105000$$
$$\frac{70000 \times t}{12} = 105000$$
$$70000 \times t = 105000 \times 12$$
$$70000 \times t = 1260000$$
$$t = \frac{1260000}{70000}$$
$$t = 18$$
6. **Answer:**
The common duration of investment is **18 months**.
Common Duration D5A20D
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