A sum of money lent out at Compound interest increases in value by 50% in 5 years. A person wants to lend three different sum x, y and z for 10, 15 and 20 years respectively at the above rate in such a way that he gets back equal sum at the end of their respective periods. The ratio x: y : z is
A) 6 : 9 : 4
B) 9 : 4 : 6
C) 9 : 6 : 4
D) 6 : 4 : 9
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ans is option C
option c) 9:6:4
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(c) 9:6:4
From the given the person wants to lend three different sum x, y and z for 10,15 and 20 years respectively as the compound interest increases in value by 50% in 5 years
To find the ratio of x,y and z the following method is used
Let k=
Then x =
∴ x : y : z =
=
=
9 : 6 : 4
∴ The ratio x : y : z is 9 : 6 : 4.
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