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Pratibha an amount of Rs. 15,860 in the ...

Pratibha an amount of Rs. 15,860 in the the names of her three daughters A,B and C in such a way that they get the same interest after 2,3 and 4 years respectively. If the rate of simple interest is 5% p.a. , then the ratio of the amounts invested among A,B and C will be :

A

`5:10:12`

B

`1/(10) : 1/ (15): 1/(20)`

C

`6 :7:8`

D

`6:5:4`

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The correct Answer is:
To solve the problem, we need to find the ratio of the amounts invested by Pratibha for her daughters A, B, and C, such that they receive the same interest after 2, 3, and 4 years, respectively, at a rate of 5% per annum. ### Step-by-Step Solution: 1. **Understand the Simple Interest Formula**: The formula for calculating Simple Interest (SI) is: \[ \text{SI} = \frac{P \times R \times T}{100} \] where \( P \) is the principal amount, \( R \) is the rate of interest, and \( T \) is the time in years. 2. **Set Up the Interest for Each Daughter**: - For daughter A (time = 2 years): \[ \text{SI}_A = \frac{P_A \times 5 \times 2}{100} = \frac{10P_A}{100} = \frac{P_A}{10} \] - For daughter B (time = 3 years): \[ \text{SI}_B = \frac{P_B \times 5 \times 3}{100} = \frac{15P_B}{100} = \frac{P_B}{15} \] - For daughter C (time = 4 years): \[ \text{SI}_C = \frac{P_C \times 5 \times 4}{100} = \frac{20P_C}{100} = \frac{P_C}{20} \] 3. **Set the Interests Equal**: Since the interest received by each daughter is the same, we can set the equations equal to each other: \[ \frac{P_A}{10} = \frac{P_B}{15} = \frac{P_C}{20} = k \quad (\text{where } k \text{ is a constant}) \] 4. **Express Each Principal in Terms of k**: From the equations, we can express \( P_A \), \( P_B \), and \( P_C \) in terms of \( k \): - From \( \frac{P_A}{10} = k \), we get: \[ P_A = 10k \] - From \( \frac{P_B}{15} = k \), we get: \[ P_B = 15k \] - From \( \frac{P_C}{20} = k \), we get: \[ P_C = 20k \] 5. **Find the Ratio of the Principals**: Now we can find the ratio of the amounts invested: \[ P_A : P_B : P_C = 10k : 15k : 20k \] Dividing each term by \( k \): \[ = 10 : 15 : 20 \] 6. **Simplify the Ratio**: To simplify the ratio, we can divide each term by 5: \[ = 2 : 3 : 4 \] ### Final Answer: The ratio of the amounts invested among A, B, and C is: \[ \boxed{2 : 3 : 4} \]
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ARIHANT SSC-CI/SI/INSTALMENTS-EXERCISE (LEVEL - 1)
  1. A lends a sum of money for 10 years at 5% SI. B lends double the amoun...

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  2. Consider the following statements. If a money is loaned at simple inte...

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  3. Pratibha an amount of Rs. 15,860 in the the names of her three daughte...

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  4. What annual payment will discharge a debt of Rs. 580 in 5 years, the r...

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  5. Find the amount of Rs. 2500 invested at 12% during the period from 4^(...

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  6. Find the amount of Rs. 1700 invested at 16% half yearly at simple inte...

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  7. The compound interest on Rs. 1000 at 10% p.a. in 3 years :

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  8. The compound interest on Rs. 10000 at 20% p.a. in 4 years :

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  9. The compound interest on Rs. 4000 at 25% p.a. in 3 years :

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  10. The compound interest on Rs. 5000 at 30% p.a. in 3 years :

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  11. A sum of Rs 400 would become Rs. 441 after 2 years at r% compound inte...

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  12. At compound interest , if a certain sum of money doubles in n years , ...

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  13. Rs. 6000 amounts to Rs . 7986 in 3 years at Cl. The rate of interest i...

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  14. The least number of complete years in which a sum of money put out ...

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  15. The Cl on Rs. 5000 for 3 years at 8% for first year, 10% for second ye...

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  16. A sum of Rs. 2400 deposited at Cl, doubled after 5 years. After 20 yea...

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  17. A sum of ₹ 550 was taken as a loan. This is to be paid back in two equ...

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  18. The difference between compound interest and simple interest on a sum ...

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  19. The difference between simple and compound interest on Rs. 6000 for 1 ...

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  20. A certain sum amounts to ₹ 8988.8 in two years and to ₹ 9528.128 in th...

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