5. Two partners Aand B together lend Rs.2523 at 5 % compounded annually. The amount Agets at the end of 3 years is the same as B gets at the end of 5 years. Find the share of A.
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Two partners Aand B together lend Rs.2523 at 5 % compounded annually. The amount Agets at the end of 3 years is the same as B gets at the end of 5 years. Find the share of A.
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Step-by-step explanation:
Let the share of A= Rs. x.
Then Share of B= Rs. (2523−x)
∴x(1+1005)3=(2523−x)(1+5/100)^5
Ratio of shares of A and B =x/(2523−x)
=(1+5/100)^2
=(21/20)^2
=400:441
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