Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Simple Interest

Question:

Ganeshi Lal distributed ₹10950 among his three sons A, B, C in such a way that the amount of their parts at 10% simple interest in 2 years, 4 years and 6 years will be equal. A's share is ?

Options:

2800

4200

3800

5000

Correct Answer:

4200

Explanation:

Let the three parts = P1, P2, P3

⇒ Total interest on P1 = 10 × 2 = 20%

⇒ Total interest on P2 = 10 × 4 = 40%

⇒ Total interest on P3 = 10 × 6 = 60%

ATQ,

P1 × 120% = P2 × 140% = P3 × 160%

P1 × 12 = P2 × 14 = P3 × 16

P1 × 6 = P2 × 7 = P3 × 8

P1 : P2 : P3 = \(\frac{1}{6}\) : \(\frac{1}{7}\) : \(\frac{1}{8}\) 

 = 28 : 24 : 21 = 73R

⇒ 73R = 10950

⇒ R = 150

A's share  = 28R = 4200