a father wants to distribute a certain sum of money between his daughter and son in such a way that if both of them invest their shares in the scheme that office compound interest at 25/3% per annum for t and (t+2)years respectively , then the to share grows to become equal. if the son's was rupees 4320 that the total money distributed by father was
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Answer:
Step-by-step by step:
⇒ Suppose A gets Rs.P and B gets Rs.(25000−P).
⇒ Interest received by A at the rate 8% per annum C.I.
⇒ P(1+
100
8
)
2
−P
⇒ P(
25
27
)
2
−P
⇒
625
104P
⇒ Interest received by B at the rate of 10% per annum S.I.
⇒
100
[(25000−P)×10×2]
=
5
25000−P
⇒ According to the question,
⇒
5
(25000−P)
=
625
104P
+1336
∴ P=Rs.10,000
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