Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Simple Interest

Question:

A sum of ₹17000 is left by will by a father to be divided between two sons of 12 and 14 years of age, so that when they attain maturity at 18, the amount received by each at 5% simple interest will be the same. Find the sum allotted at present to each son.

Options:

8480 , 8520

7560 , 9440

9000 , 8000

8130 , 8870

Correct Answer:

8480 , 8520

Explanation:

Let the sum alloted to son1 be P₁ and son2 be P₂ = 17000 - P₁

\(\frac{P₁ x 130 }{100}\) =   \(\frac{P₂ x 120}{100}\)

P₁ x  13         =   (17000 - P₁)  x 12

 P₁ =   8520

⇒ P₂ = 17000 - 8520 = 8480