Practicing Success
A sum of ₹24000 is left by will by a father to be divided between two sons of 13 and 15 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. |
8700 , 15300 10500 , 13500 11000 , 13000 12500 , 11500 |
12500 , 11500 |
Let the sum alloted to son1 be P₁ and son2 be P₂ = 24000 - P₁ \(\frac{P₁ x 125 }{100}\) = \(\frac{P₂ x 115}{100}\) P₁ x 25 = (24000 - P₁) x 23 P₁ = 11,500 ⇒ P₂ = 24000 - 11500 = 12,500 |