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Aptitude · Q166

Interest

Competitive Exams · Aptitude · question 166

Q166

Rs. 260200 is divided between Ram and Shyam so that the amount that Ram receives in 3 years is the same as that Shyam receives in 6 years. If the interest is compounded annually at the rate of 4% per annum then Ram's share is = ?

A.
Rs. 12500
B.
Rs. 137745.02
Answer
C.
Rs. 15200
D.
Rs. 108200

Answer: Option B

Solution

Answer: Option B
Solution:
Let Ram get Rs. x and
Shyam get Rs. (260200 - x)
Then Amount get by Ram after 3 years

and Amount get by Shyam after 6 years

But both get equal amount
     

So, Ram will get Rs. 137745.022