A man left 1,30,000 for his two sons aged 10 years and 16 years with
the direction that the sum should be divided in such a way that the two
sons get the same amount when they attain the age of 18 years. Assuming
the rate of simple interest as 12 12 % p.a., calculate how much the elder
son got in the beginning.
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2
Answer:
ANSWER
Let sum left for the 12 years old and 14 years old sons be Rs. x and Rs. (18750−x) respectively.
Then,
100
x×6×5
+x=
100
(18750−x)×4×5
+(18750−x)
⇒
100
30x
+x=3750−
100
20x
+18750−x
⇒
100
50x
+2x=22500
⇒
100
250x
=22500
⇒x= Rs.
250
22500×100
= Rs. 9000
∴ The sum allotted to the other son is Rs. 9750.
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