Sawaal
34
Q:

Divide Rs. 1301 between A and B, so that the amount of A after 7 years is equal to the amount of B after 9 years, the interest being compounded at 4% per annum.

A) Rs.625 B) Rs.626
C) Rs.286 D) Rs.627

Answer:   A) Rs.625



Explanation:

Let the two parts be Rs. x and Rs. (1301 - x).

 x1+41007=1301-x1+41009

 x1301-x=1+41002=2625*2526

 

=> 625x=676(1301-x) 

1301x=676 x 1301x=676.
So,the parts are rs.676 and rs.(1301-676)i.e rs.676 and rs.625

Subject: Compound Interest - Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams
Job Role: Bank PO
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