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Divide Rs. 2379 into three parts so that their amounts after 2, 3 and 4 years respectively may be equal, the rate of interest being 5% per annum and find the maximum amount being distributed among the three part individually. (A) 926 (B) 828 (C) 792 (D) 982 |
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Answer» Correct option (B) 828 Explanation: Amount of 1st part = 110/100 x 1st part Amount of 2nd part = 115 x 100 x 2nd part Amount of 3rd part = 120/100 x 3rd part According to the question, these amounts are equal ∴ 110 × 1st part = 115 × 2nd part = 120× 3rd par ∴ 1 st part : 2nd part : 3rd part = 1/110 : 1/115 : 1/120 = 276 : 264 : 253 Hence, dividing Rs. 2379 into three parts in the ratio 276 : 264 : 253, we have 1st part = Rs. 828, 2nd part = Rs. 792, 3rd part = Rs. 759 |
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