ICSE Class 9 Answered
Three persons A, B and C with ages 21, 22 and 23 years invest money at 20% compound interest, compounded yearly. Find out in what ratio should they invest so that each gets the same sum when they marry at the age of 30.
Asked by Topperlearning User | 31 Jul, 2017, 01:54: PM
Expert Answer
Let the investments made by A, B and C be Rs. x, Rs. y and Rs. z respectively.
Then:
Dividing each term by , we get
(Since LCM of 144, 120 and 100 is 3600)
Answered by | 31 Jul, 2017, 03:54: PM
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