Practicing Success
A sum of ₹18750 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 percent to each son. |
₹8000 : ₹8500 ₹8900 : ₹9550 ₹8300 : ₹9500 ₹9000 : ₹9750 |
₹9000 : ₹9750 |
Let the sum alloted to son1 be P₁ and son2 be P₂ = 18750 - P₁ \(\frac{P₁ x 130 }{100}\) = \(\frac{P₂ x 120}{100}\) P₁ x 13 = (18750 - P₁) x 12 P₁ = 9000 ⇒ P₂ = 18750 - 9000 = 9750
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