Question

Divide Rs. 53,285 into two parts such that the amount received from first part after 12 years is equal to the amount received from second part after 8 years, if interest rate being 12(1/2)% per annum compounded yearly.

A Rs. 31,285, Rs. 22,000
B Rs. 25,000, Rs. 28,285
C Rs. 32,805, Rs. 20,480
D Rs. 33595, Rs. 19,690
E None of these
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