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Divide Rs 7053 into three parts so that ...

Divide Rs 7053 into three parts so that the amount after 2, 3 and 4 years respectively may be equal, the rates of interest being 4% per annum.

A

Rs 2500, Rs 3500, Rs 1053

B

Rs 2432, Rs 2346, Rs 2265

C

Rs 2568, Rs 3200, Rs 1285

D

Rs 2360, Rs 2289, Rs 2404

Text Solution

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The correct Answer is:
To solve the problem of dividing Rs 7053 into three parts such that the amounts after 2, 3, and 4 years at 4% per annum are equal, we can follow these steps: ### Step 1: Define the Parts Let the three parts be: - \( P_1 \) (the first part) - \( P_2 \) (the second part) - \( P_3 \) (the third part) According to the problem, we have: \[ P_1 + P_2 + P_3 = 7053 \] ### Step 2: Calculate the Amounts The amounts after 2, 3, and 4 years can be calculated using the formula for Simple Interest: \[ A = P + SI \] Where \( SI = \frac{P \times r \times t}{100} \) 1. For \( P_1 \) after 2 years: \[ A_1 = P_1 + \frac{P_1 \times 4 \times 2}{100} = P_1 \left(1 + \frac{8}{100}\right) = P_1 \times 1.08 \] 2. For \( P_2 \) after 3 years: \[ A_2 = P_2 + \frac{P_2 \times 4 \times 3}{100} = P_2 \left(1 + \frac{12}{100}\right) = P_2 \times 1.12 \] 3. For \( P_3 \) after 4 years: \[ A_3 = P_3 + \frac{P_3 \times 4 \times 4}{100} = P_3 \left(1 + \frac{16}{100}\right) = P_3 \times 1.16 \] ### Step 3: Set the Amounts Equal Since the amounts are equal: \[ P_1 \times 1.08 = P_2 \times 1.12 = P_3 \times 1.16 \] ### Step 4: Express \( P_2 \) and \( P_3 \) in terms of \( P_1 \) From the equality: 1. From \( P_1 \times 1.08 = P_2 \times 1.12 \): \[ P_2 = \frac{P_1 \times 1.08}{1.12} = P_1 \times 0.9643 \quad (\text{approximately}) \] 2. From \( P_1 \times 1.08 = P_3 \times 1.16 \): \[ P_3 = \frac{P_1 \times 1.08}{1.16} = P_1 \times 0.9310 \quad (\text{approximately}) \] ### Step 5: Substitute into the Total Now substitute \( P_2 \) and \( P_3 \) into the total: \[ P_1 + P_1 \times 0.9643 + P_1 \times 0.9310 = 7053 \] \[ P_1 (1 + 0.9643 + 0.9310) = 7053 \] \[ P_1 \times 2.8953 = 7053 \] \[ P_1 = \frac{7053}{2.8953} \approx 2435 \] ### Step 6: Calculate \( P_2 \) and \( P_3 \) Now we can find \( P_2 \) and \( P_3 \): 1. \( P_2 \approx 2435 \times 0.9643 \approx 2347 \) 2. \( P_3 \approx 2435 \times 0.9310 \approx 2269 \) ### Final Parts Thus, the three parts are approximately: - \( P_1 \approx 2435 \) - \( P_2 \approx 2347 \) - \( P_3 \approx 2269 \) ### Summary The three parts into which Rs 7053 is divided are approximately Rs 2435, Rs 2347, and Rs 2269. ---
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