Question

Divide Rs 7053 into three parts so that the amount after 2, 3 and 4 years respectively may be equal, the rates of interest being 4% per annum.

• A. Rs 2500, Rs 3500, Rs 1053
• B. Rs 2436, Rs 2349, Rs 2268
• C. Rs 2568, Rs 3200, Rs1285
• D. Rs 2360, Rs 2289, Rs 2404

Answer 1

The correct option is B Rs 2436, Rs 2349, Rs 2268

Take the parts as x, y & z.

Then x+y+z=7053.

Obtain the the respective amounts for x,y & z, which are equal, for the

given years.

Now solve for x, y & z.