Home
Class 9
MATHS
Rs 16,820 is divided between Govind and ...

Rs 16,820 is divided between Govind and Geeta, both aged 27 and 25 years respectively. Their money is invested at 5% per annum compound interst in such a way that both receive equal to money at the age of 40 years. Find the share of each out of Rs 16,820.

Text Solution

Verified by Experts

The correct Answer is:
8000
Promotional Banner

Topper's Solved these Questions

  • COMPOUND INTEREST (USING FORMULA)

    ICSE|Exercise EXERCISE 3(A)|44 Videos

  • COMPOUND INTEREST (USING FORMULA)

    ICSE|Exercise EXERCISE 3(B)|20 Videos

  • COMPOUND INTEREST

    ICSE|Exercise TOPIC 2 (4 Marks Questions)|12 Videos

  • CONSTRUCTION OF POLYGONS

    ICSE|Exercise Exercise 15|76 Videos

Similar Questions

Explore conceptually related problems

A sum of Rs 44,200 is divided between John and Smith, 12 years and 14 years old respectively, in such a way that if their portions be invested at 10 percent per annum compound interest, they will receive equal amount to reaching 16 years of age. What is the share of each out of Rs 44,2007

Ishita invested a sum of Rs 12000 at 5% per annum compound interest. She received an amount of Rs 13230 after n years. Find the value of n .

A sum of Rs 44,200 is divided between John and Smith, 12 years and 14 years old respectively, in such a way that if their portions be invested at 10 percent per annum compound interest, they will receive equal amounts on reaching 16 years of age. What will each receive, when 16 years old ?

A sum of Rs 44,200 is divided between John and Smith, 12 years and 14 years old respectively, in such a way that if their portions be invested at 10 percent per annum compound interest, they will receive equal amounts on reaching 16 years of age. What will each receive, when 16 years old ?

A sum of Rs 44,200 is divided between John and Smith, 12 years and 14 years old respectively, in such a way that if their portions be invested at 10 percent per annum compound interest, they will receive equal amounts on reaching 16 years of age. What will each receive, when 16 years old ?

The ages of Pramod and Rohit are 16 years and 18 years respectively. In what ratio must they invest money at 5% p.a. compounded yearly so that both get the same sum on attaining the age of 25 years ?

16,000 is invested at 5% compound interest compounded per annum. Use the table, given below, to find the amount in 4 years.

Mohan borrowed Rs. 16,000 for 3 years at 5% per annum compound interest. Calculate the amount that Mohan would have to pay at the end of 3 years.

A sum of money deposited at 2% per annum compounded annually become Rs 10404 at the end of 2 years. Find the sum deposited.

What sum of money will amount to Rs 5,445 in 2 years at 10% per annum compound interest?

ICSE-COMPOUND INTEREST (USING FORMULA)-EXERCISE 3(E)
  1. Rs 16,820 is divided between Govind and Geeta, both aged 27 and 25 yea...

    Text Solution

    |

  2. Simple interest on a sum of money for 2 years at 4% growth rate is Rs ...

    Text Solution

    |

  3. Find the compound interest to the nearest rupee on Rs 10,800 for 2(1)/...

    Text Solution

    |

  4. The value of a machine, purchased two years ago, depreciates at the an...

    Text Solution

    |

  5. The value of a machine, purchased two years ago, depreciates at the an...

    Text Solution

    |

  6. Anuj and Rajesh each lent the same sum of money for 2 years at 8% simp...

    Text Solution

    |

  7. Calculate the sum of money on which the compound interest (payable ann...

    Text Solution

    |

  8. A sum of money was invested for 3 years, interest being compounded ann...

    Text Solution

    |

  9. A sum of money is invested at 10% per annum compounded half-yearly. If...

    Text Solution

    |

  10. Rohit borrows Rs 86,000 from Arun for two years at 5% per annum simple...

    Text Solution

    |

  11. The simple interest on a certain sum of money for 3 years at 5% per an...

    Text Solution

    |

  12. Nikita invests Rs 6,000 for two years at a certain rate of interest co...

    Text Solution

    |

  13. Nikita invests Rs 6,000 for two years at a certain rate of interest co...

    Text Solution

    |

  14. Simple interest on a sum of money for 2 years at 4% growth rate is Rs ...

    Text Solution

    |

  15. Find the compound interest to the nearest rupee on Rs 10,800 for 2(1)/...

    Text Solution

    |

  16. The value of a machine, purchased two years ago, depreciates at the an...

    Text Solution

    |

  17. The value of a machine, purchased two years ago, depreciates at the an...

    Text Solution

    |

  18. Anuj and Rajesh each lent the same sum of money for 2 years at 8% simp...

    Text Solution

    |

  19. Calculate the sum of money on which the compound interest (payable ann...

    Text Solution

    |

  20. A sum of money was invested for 3 years, interest being compounded ann...

    Text Solution

    |

  21. A sum of money is invested at 10% per annum compounded half-yearly. If...

    Text Solution

    |