The ages of Pramod and Rohit are 16 years
and 18 years respectively. In what ratio must
they invest money at 5% p.a. compounded
yearly so that both get the same sum on
attaining the age of 25 years ?
Answers
Answered by
2
Answer:
400 : 441. Gq
Step-by-step explanation:
P invested for (25-16=9yrs) & R investment for (25-18) = 7yrs
A1 = A2 when both attained the age of 25 .
p1[{(1 + 5/100)^9 = p2(1 + 5/100)^7
p1 : p2 = 400 : 441
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