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Divide ₹ 10230 into two parts such that the first part after 10 years is equal to the second part after 7 years, compound interest being 20% per annum compounded yearly.
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- ₹ 4150 ; ₹ 6080
- ₹ 3950 ; ₹ 6280
- ₹ 3750 ; ₹ 6480
- ₹ 3550 ; ₹ 6680
Correct Option: C
Let the first part be p and the second part q.
| The first part after 10 years = p | ![]() | 1 + | ![]() | 10 | |
| 100 |
| The second part after 7 years = q | ![]() | 1 + | ![]() | 7 | |
| 100 |
As given in the problem these two amounts are equal.
So,
| q | ![]() | 1 + | ![]() | 7 | = p | ![]() | 1 + | ![]() | 10 | ||
| 100 | 100 |
| ⇒ | = | ![]() | 1 + | ![]() | 3 | ||
| p | 100 |
| ⇒ | = | ||
| p | 125 |
and we have p + q = ₹ 10230
Using the ratio formula
| q = | ×10230 = ₹ 6480 | |
| 216 + 125 |
| p = | ×10230 = ₹ 3750 | |
| 216 + 125 |



