Arun divides Rs 4702 among A B and C so that if the amounts being invested at 4 simple interest the ...........

Quantitative Aptitude ( CCS) Simple Interest

Arun divides Rs 4702 among A, B, and C, so that if the amounts being invested at 4% simple interest, the amounts received after 2, 3 and 4 yrs by A, B, and C respectively is equal. Find the share of B?

Rs 1,458

Rs 1,566

Rs 2,358

Rs 1,237

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Explanation:

4702 will be divided in ratio –
1/[100+rt1] : 1/[100+rt2] : 1/[100+rt3] 1/[100+4*2] : 1/[100+4*3] : 1/[100+4*4] 1/108 : 1/112 : 1/116
= 812 : 783 : 756
So B gets 783/(812+783+756) * 4702 = 1566