a man invests an amount of Rs.20000 in the name of his 3 sins A,B,C in such a way that they get same interest after 3,4,5 years respectat the rate of simple interest of 15% , find the share of B
Answers
Given : a man invests an amount of Rs.20000 in the name of his 3 sons A,B,C in such a way that they get same interest after 3,4,5 years respectively the rate of simple interest of 15% ,
To find : the share of B
Solution:
Amount of A = 100x
Amount of B = 100y
Amount of C = 20000 - 100x-100y
interest of A = 100x * 15 * 3 /100 =45x
interest of B = 100y * 15 * 4 /100 = 60y
interest of C = (20000 - 100x-100y) * 15 * 5 /100
=15000 - 75x - 75y
45x = 60y =15000 - 75x - 75y
=> 3x = 4y = 1000 - 5x - 5y
4y =1000 - 5x - 5y
=> 9y = 000 - 5x
=> 9y = 2000 - 5(4y /3)
=>27y = 3000 - 20y
=> 47y =3000
=> y = 3000/47
=> 100y = 100 * 3000/47 = 6382.98
Share of B = 6382.98 Rs
6383 Rs Approx
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Given :- a man invests an amount of Rs.20000 in the name of his 3 sons A,B,C in such a way that they get same interest after 3,4,5 years at the rate of simple interest of 15% , find the share of B ?
Answer :-
we know that, when interest is same in different years , then, ratio of share is equal to :-
- 1/R1*T1 : 1/R2*T2 : 1/R3*T3
here we have,
- R1 = R2 = R3 = 15%
- T1 = 3 years , T2 = 4 years , T3 = 5 years .
so,
→ A : B : C = 1/R1*T1 : 1/R2*T2 : 1/R3*T3
→ A : B : C = 1/3*15 : 1/4*15 : 1/5*15
→ A : B : C = 1/3 : 1/4 : 1/5
→ A : B : C = (20 : 15 : 12)/60
→ A : B : C = 20 : 15 : 12
then,
→ Share of B = (15/20 + 15 + 12) * 20000
→ Share of B = 15 * 20000 / 47
→ Share of B = Rs.6382.97 ≈ Rs.6383 (Ans.)
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