Question

Ramenbabu deposited some money
in the bank at simple interest of
12% per annum for the higher education of his two sons daughters. After 20 years, he bought government bonds by dividing the money.he recitered from the
the bank into 5:3 ratio
between son and daughter. If the
amount of debt of the son is 25000
rupees, how much money did he de-
posit in the bank first?
​

Answer 1

Answer:

Showing results for Raman Babu deposited some money in the bank at simple interest of 12% per annum for the higher education of his two sons daughters. After 20 years, he bought government bonds by dividing the money.he recovered from the the bank into 5:3 ratio between son and daughter. If the amount of debt of the son is 25000 rupees, how much money did he de- posit in the bank first?

No results found for Ramenbabu deposited some money in the bank at simple interest of 12% per annum for the higher education of his two sons daughters. After 20 years, he bought government bonds by dividing the money.he recitered from the the bank into 5:3 ratio between son and daughter. If the amount of debt of the son is 25000 rupees, how much money did he de- posit in the bank first?  

Answer 2

Answer:

Let Rathinbabu deposited

Rs x

for his

13

yrs aged daughter and

Rs y

for his

8

years aged daughter in the bank. <br>

:.

Simple interest of

Rs x

in

(18-13)

years

=5

years at the rate of

10%

per annum <br>

=Rs(x xx10xx5)/(100)=Rs(x)/(2)

<br> Again, simple interest of

Rs y

in

(18-8)

years

=10

years at the rate of

10%

per annum <br>

=Rs(yxx10xx10)/(100)=Rs y

. <br>

:.

The daughter og aged

13

will get at the end of

18

years

=Rs(x+(x)/(2))=Rs(3x)/(2)

<br> Again, the daughter of aged

8

will get at the end of

18

years

=Rs(y+y)=Rs2y

. <br> As per question,

(3x)/(2)=120000impliesx=(120000xx2)/(3)=80000

<br> Again,

2y=120000impliesy=(120000)/(2)=60000

<br>

:.

Rathinbabu deposited

Rs80000

and

Rs60000

for the daughters respectively in the bank