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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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