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Divide Rs. 1301 between A and B, so that the amount of A after 7 years is equal to the amount of B after 9 years, the interest being compounded at 4% per annum.

Correct Answer: Rs.625

Explanation:

Let the two parts be Rs. x and Rs. (1301 - x).


  x 1 + 4 100 7 = 1301 - x 1 + 4 100 9


  x 1301 - x = 1 + 4 100 2 = 26 25 * 25 26


 


=> 625x=676(1301-x) 


1301x=676 x 1301x=676.
So,the parts are rs.676 and rs.(1301-676)i.e rs.676 and rs.625


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