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Divide Rs. 1301 between A and B, so that...

Divide Rs. 1301 between A and B, so that the amount of A after 7 years is equal to the amount of B after 9 years, the interest being compounded at 4% per annum. Find the part A.

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To solve the problem of dividing Rs. 1301 between A and B such that the amount of A after 7 years is equal to the amount of B after 9 years, we will follow these steps: ### Step 1: Define Variables Let the amount that A receives be Rs. x. Then, the amount that B receives will be Rs. (1301 - x). ### Step 2: Write the Formula for Compound Interest The formula for the amount \( A \) after \( n \) years with principal \( P \) and rate \( r \) compounded annually is given by: \[ A = P \left(1 + \frac{r}{100}\right)^n \] ### Step 3: Calculate the Amount for A For A, who receives Rs. x after 7 years at an interest rate of 4%: \[ A_A = x \left(1 + \frac{4}{100}\right)^7 = x \left(1.04\right)^7 \] ### Step 4: Calculate the Amount for B For B, who receives Rs. (1301 - x) after 9 years at the same interest rate: \[ A_B = (1301 - x) \left(1 + \frac{4}{100}\right)^9 = (1301 - x) \left(1.04\right)^9 \] ### Step 5: Set the Amounts Equal According to the problem, the amounts after the respective years are equal: \[ x \left(1.04\right)^7 = (1301 - x) \left(1.04\right)^9 \] ### Step 6: Simplify the Equation We can simplify this equation by dividing both sides by \( (1.04)^7 \): \[ x = (1301 - x) \left(1.04\right)^2 \] ### Step 7: Expand and Rearrange Expanding the right side: \[ x = (1301 - x) \cdot 1.0816 \] \[ x = 1301 \cdot 1.0816 - x \cdot 1.0816 \] \[ x + x \cdot 1.0816 = 1301 \cdot 1.0816 \] \[ x(1 + 1.0816) = 1301 \cdot 1.0816 \] \[ x \cdot 2.0816 = 1400.0816 \] ### Step 8: Solve for x Now, divide both sides by 2.0816: \[ x = \frac{1400.0816}{2.0816} \approx 672.00 \] ### Step 9: Find the Amount for B Now, we can find the amount for B: \[ B = 1301 - x = 1301 - 672 = 629 \] ### Conclusion Thus, the part of A is approximately Rs. 672. ---
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