Birnalkaku deposited ₹ 1,87,500 for his son of 12 yr. of age and daughter of
14 yr. of age in the bank at the rate of simple interest 5% per annum in such away that, both of
them will get equal principal at their 18 yrs. of age. Let us calculate the money he had deposited
in the bank for each of his son and daughter.
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Answer:
using the formula ptr/100
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