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We need to divide Total Sum Rs. 3364 between Ram and Sham so that Ram's share at the end of 5 years may equal to Sham's share at the end of seven years with compound interest rate at 5 percent.

  • 1864 and 1500
  • 1764 and 1600
  • 1664 and 1700
  • 1564 and 1800
Similar Questions :

1. In what time will Rs.1000 become Rs.1331 at 10% per annum compounded annually

  • 2 Years
  • 3 Years
  • 4 Years
  • 5 Years

2. Albert invested amount of 8000 in a fixed deposit for 2 years at compound interest rate of 5 % per annum. How much Albert will get on the maturity of the fixed deposit.

  • Rs. 8510
  • Rs. 8620
  • Rs. 8730
  • Rs. 8820

3. The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 4% per annum is Rs 1. Find the sum

  • Rs 600
  • Rs 625
  • Rs 650
  • Rs 675

4. If the simple interest on a sum of money for 2 years at 5% per annum is Rs.50, what will be the compound interest on same values

  • Rs.51.75
  • Rs 51.50
  • Rs 51.25
  • Rs 51

5. The least number of complete years in which a sum of money put out at 20% compound interest will be more than doubled is

  • 4 years
  • 5 years
  • 6 years
  • 7 years
Read more from - Compound Interest Questions Answers
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