Multiple Choice Questions on A rsquo s Share at the end of 3 years may equal to B rsquo s share at the end of 5 years dividing th........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

A rsquo s Share at the end of 3 years may equal to B rsquo s share at the end of 5 years dividing th...........

Quantitative Aptitude ( CCS) Compound Interest
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    A’s Share at the end of 3 years may equal to B’s share at the end of 5 years dividing the Rs.4199 between A and B, compound interest being at 10%.What is the present share of B.

    Rs.1900
    Correct Answer
    Rs.1000
    Incorrect Answer
    Rs.1150
    Incorrect Answer

    Rs.2200

    Incorrect Answer
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    Explanation:

    A’s share after 3 years = B’s share after 5 years
    A’s present share / B’s present share= (1+10/100)^5/(1+10/100)^3 = 121/100
    A’s present share = (121*4199)/221 = Rs.2299
    B’s present share = (100*4199)/221 = Rs.1900

    Hence, option 1 is the correct answer.

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