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QUESTION
Q
Rs.16820 is divided between two brothers of age 27 years and 25 years. They invested their money at 5% per annum compound...
Solution
Let the amount received by younger brother and elder brother be y and e respectively.
y + e = 16820 ——-(1)
The number of years younger brother has invested is
= 40 − 25 = 15 years
The number of years elder brother...
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Solution
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Keynote
Where P = Principal
r = rate of interest per annum
n = number of years
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