A doctor wants to divide 145000 between his son and daughter who are 12 years and 14 years respectively, in such a way that the sum invested at the rate of 12½% per annum compounded annually will give the same amount to each, when they attain 16 years. How much he divided for his son and daughter?
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Answer:
Rs. 64000 to son and Rs. 81000 to daughter
Step-by-step explanation:
Equate their respective amounts. <br> (ii) Let the amount that the son gets be Rs. X, then daughter gets Rs. (145000-x). <br> (ii)
Equate their respective amounts. <br> (ii) Let the amount that the son gets be Rs. X, then daughter gets Rs. (145000-x). <br> (ii)x(1+(25)/(200))^(4)=(145000-x)(1+(25)/(200))^(2)
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