Question
Rs. 12,300 is divided between Akash and Vikas so that
the amount Akash receives in 2 years is same as that what Vikas receives in 4 years. If the interest is compounded annually at the rate of 25% per annum then Akash’s share isSolution
Let Akash get x and Vikas get (12300 - x) Then amount received by Akash after two years = x × (1 + 25/100)² And amount received by Vikas after 4 years = (12300 - x) × (1 + 25/100)⁴ Both get equal amount = x (1 + 25/100)² = (12300 - x) × (1 + 25/100)⁴ x = (12300 - x) (1 + 25/100)² x/(12300-x)= 25/16 16 x = 25 × 12300 - 25 x 41 x = 3,07,500 x = 7,500 So, Akash will get Rs. 7,500
Which state / UT is the second largest producer of e - waste in India?
Where is India’s first Constitution Museum located?
- Which major resource was launched during ISHTA 2025 to aid TB diagnosis?
Who serves as the CEO of Reliance General Insurance Company, which has launched "Reliance Health Global," a healthcare policy aimed at making global hea...
In Q1FY26, Government capital expenditure reached ₹2.75 trillion, which is what percentage of the Budget Estimates (BE)?
Which Indian state became the first to partner with Elon Musk’s Starlink for satellite internet services?
What is the name of the first submarine base commissioned by Bangladesh?
In which year was the first sitting of the Rajya Sabha held?
What is the name of the Indian mission sent by ISRO to study the Sun?
- Who won the 'CEO of the Year' award at Forbes India Leadership Awards 2025?
Relevant for Exams:
