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Divide Rs. 28,730 between A and B so that when their shares are lent out at 10% compound interest compounded per year, the amount that A receives in 3 years is the same as what B receives in 5 years. - Mathematics

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प्रश्न

Divide Rs. 28,730 between A and B so that when their shares are lent out at 10% compound interest compounded per year, the amount that A receives in 3 years is the same as what B receives in 5 years.

योग
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उत्तर

Let share of A = Rs. y

share of B = Rs (28,730 - y)

rate of interest = 10%

According to question,

Amount of A in 3 years = Amount of B in 5 years

⇒ `y( 1 + 10/100 )^3 = ( 28,730 - y)( 1 + 10/100 )^5`

⇒ `y = ( 28,730 - y )( 1 + 10/100)^2`

⇒ `y = ( 28,730 - y )( 121/100)`

⇒ 100y = 121(28,730 - y)

⇒ 100y + 121y = 121 × 28,730

⇒ 221y = 121 × 28,730

⇒ y = `[ 121 xx 28,730]/[221]` = Rs. 15,730

Therefore, share of A = Rs. 15,730

Share of B = Rs. 28,730 - Rs. 15,730 = Rs. 13,000

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Concept of Compound Interest - Inverse Formula
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 3: Compound Interest (Using Formula) - Exercise 3 (A) [पृष्ठ ४४]

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सेलिना Concise Mathematics [English] Class 9 ICSE
अध्याय 3 Compound Interest (Using Formula)
Exercise 3 (A) | Q 15 | पृष्ठ ४४

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