Practicing Success
Rs. 260200 is divided b/w A and B so that the amount that A receives in 4 years is the same as that B receives in 6 years. If the interest is compounded annually at rate of 4% per annum, then A's share is? |
135300 135200 135600 146700 |
135200 |
A = P ( 1 + \(\frac{R}{100}\))T A's share amount = x ( 1 + \(\frac{4}{100}\))4 B's amount = (260200 - x) (1 + \(\frac{4}{100}\))6 according to question x ( 1 + \(\frac{4}{100}\))4 = (260200 - x)(1 + \(\frac{4}{100}\))6 x = (260200 - x)(1 + \(\frac{4}{100}\))2 x = (260200 - x) (\(\frac{676}{625}\)) on solving x = 135200 |