A sum of Rs. 18750 is left by a will by a father to be divided betwee…

Question

A sum of Rs. 18750 is left by a will by a father to be divided between the two sons, 12 and 14 years of age, so that when they attain maturity at 18, the amount (principal + interest) received by each at 5 percent simpl…

Accepted Answer

Option C. Rs. 9000, Rs. 9750. Answer & Solution Answer: Option C Solution: Let the two sums be Rs. x and Rs. (18750 - x). Then, = x + x × 5 × 6100 = ( 18750 - x ) + ( 18750 - x ) × 5 × 4100 & x + 30x100 = ( 18750 - x ) + 3750 - 20x100 & 2x + x/2 = 22500 & 5x2 = 22500 & x = ( 22500 × 25 ) & x = 9000 So the ot…

A sum of Rs. 18750 is left by a will by a father to be divided between the two sons, 12 and 14 years of age, so that when they attain maturity at 18, the amount (principal + interest) received by each at 5 percent simple interest will be the same. Find the sum alloted at present to each son.

Solution