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Rs. 3757 is to be divided between A and ...

Rs. 3757 is to be divided between A and B such that A’s share at the end of 7 years may be equal to B’s share at the end of 9 years. If percent be 10% per annum compound interest, B’s share is

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To solve the problem of dividing Rs. 3757 between A and B such that A’s share at the end of 7 years is equal to B’s share at the end of 9 years, with a compound interest rate of 10% per annum, we can follow these steps: ### Step 1: Define Variables Let A's share be \( X \) and B's share be \( Y \). According to the problem, we have: \[ X + Y = 3757 \] ### Step 2: Write the Compound Interest Formula The formula for the amount \( A \) after \( t \) years with principal \( P \) and rate \( r \) is given by: \[ A = P \left(1 + \frac{r}{100}\right)^t \] ### Step 3: Set Up the Equations for A and B For A's share after 7 years: \[ A_A = X \left(1 + \frac{10}{100}\right)^7 = X \left(1.1\right)^7 \] For B's share after 9 years: \[ A_B = Y \left(1 + \frac{10}{100}\right)^9 = Y \left(1.1\right)^9 \] ### Step 4: Set the Amounts Equal According to the problem, A's share after 7 years is equal to B's share after 9 years: \[ X \left(1.1\right)^7 = Y \left(1.1\right)^9 \] ### Step 5: Simplify the Equation We can simplify this equation by dividing both sides by \( (1.1)^7 \): \[ X = Y \left(1.1\right)^2 \] \[ X = Y \cdot 1.21 \] ### Step 6: Substitute for Y Now, substitute \( Y \) in terms of \( X \) into the first equation \( X + Y = 3757 \): \[ 1.21Y + Y = 3757 \] \[ 2.21Y = 3757 \] ### Step 7: Solve for Y Now, divide both sides by 2.21 to find \( Y \): \[ Y = \frac{3757}{2.21} \] Calculating this gives: \[ Y \approx 1700 \] ### Step 8: Find A's Share Now we can find A's share using \( X = 3757 - Y \): \[ X = 3757 - 1700 = 2057 \] ### Conclusion Thus, B's share is: \[ \text{B's share} = Y = 1700 \]
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