Question

Divide rs.1301 between A and B so that the amount of A after 7 years is equal to the amount of B after 9 years, the interest being compoundedat 4% per annum.

Answer 1

Answer:

Let A share = X

B share = (1301-X)

A/q,

x(1+4/100)^7 = (1301-x)(1+4/100)^9

x/(1301-x) = (26/25)²

625x = 1301*676 - 676x

1301x = 1301*676

x = 676 = A share (Ans)

B share = 1301-676 = 625 (Ans)

(Mark as brainlist)