Multiple Choice Questions on A sum of Rs7700 is to be divided among three brothers Bharat Rakshit and Maninder in such a way that........... for RAS Exam Preparation

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Indian Economy - Understanding the basics of Indian economic system

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    A sum of Rs7700 is to be divided among three brothers Bharat, Rakshit and Maninder in such a way that simple interest on each part at 5% per annum after 1, 2 and 3 yr respectively remains equal. The share of Bharat is more than that of Maninder by:

    Rs2800

    Correct Answer

    Rs2500

    Incorrect Answer

    Rs3000

    Incorrect Answer

    Rs2700

    Incorrect Answer
    Explanation:

    Let the three of them get p, q, r amount respectively
    So at the rate of 5%, they have
    (p x 5 x1 )/100 =(q x 5 x2 )/100 =(r x 5 x3)/100
    =>p = 2q =3r
    => p:q:r = 6 : 3: 2
    So the required amount = {(6 -2)/(6+3+2)} x 7700 = Rs 2800


     


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