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
AnswerC.
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