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Question

Divide Rs.3364 between A and B, so that A's Share at the end of 5 years may equal to B's share at the end of 7 years, compound interest being at 5 percent.

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Solution

A's shar after 5 years = B's share after 7 years
A(1+5100)5=B(1+5100)7
AB=(1+5100)75=(105100)2=(2120)2=441400
Since the total present amount is Rs. 3364
A' share = 3364×441441+440=3364×441841
=4×441
=Rs.1764
B's present share = Rs. 3364- Rs. 1764 = Rs 1600

1242671_1509198_ans_0780f4ededfb481c9782baf4280f1362.PNG

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