a man wants to divide a sum of rs.37500 among his son and daughter aged 12 and 14 years respectively in such a way that on attaining the age of 18 years each gets the same amount at 5%p.a. simple interest.what is the son's share?
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Answer:
Hope this help you....
Step-by-step explanation:
Let son gets =x Rs
Therefore his daughter gets=(37500-x)Rs
Now, son's shares is processed for 6 years and for daughter's 4 years....
Now, each gets the same amount at 5%p.a. simple interest.. At 18 years of age.....
(x*5*6)/100=(37500-x)*5*4/100
3x=2(37500-x)
3x+2x=(37500*2)
x=(37500*2)/5
x=7500*2=15000
Son's share is =15000 Rs
Son's share is =15000 RsDaughter's share=37500-15000=22500Rs
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