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32. Ram and Shyarn together gave 3364 at a rate of 5% per annum, at a compound
interest. After 3 years, Ram got the same amount as Shyam got after 5 yean
then how much was Ram's share in the principle?
(a) 1600 (b) 1682 (c) 1764 (d) 1800
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Given info : Ram and Shyarn together gave 3364 at a rate of 5% per annum, at a compound
interest. After 3 years, Ram got the same amount as Shyam got after 5 years.
To find : how much was Ram's share in the principal ?
solution : let P is the Ram's principal and 3364 - P is principal of Shyam.
after 3 years, Ram got = P(1 + 5/100)³
after 5 years , Shyam got = (3364 - p)(1 + 5/100)⁵
a/c to question,
p(1 + 5/100)³ = (3364 - p)(1 + 5/100)⁵
⇒p = (3364 - p)(1 + 5/100)²
⇒p = (3364 - p)(1.05)²
⇒p = 3708.81 - 1.1025p
⇒p = 3708.81/2.1025 = 1764
Therefore the principal of Ram is 1764 .i.e., the correct choice is (c)
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