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  • Question
  • Rs. 5887 is divided between Shyam and Ram, such that Shyam's share at the end of 9 years is equal to Ram's share at the end of 11 years, compounded annually at the rate of 5%. Find the share of Shyam.


  • Options
  • A. 3567
  • B. 3452
  • C. 3087
  • D. 3544

  • Correct Answer
  • 3087 

    Explanation

    Shyam's share * (1+0.05)9 = Ram's share * (1 + 0.05)11

    Shyam's share / Ram's share = (1 + 0.05)11 / (1+ 0.05)9 = (1+ 0.05)2 = 441/400

    Therefore Shyam's share = (441/841) * 5887 = 3087

  • Tags: Bank Exams, Bank PO

    Compound Interest problems


    Search Results


    • 1. What will be the compound interest on a sum of Rs.25,000 after 3 years at the rate of 12 p.c.p.a?

    • Options
    • A. Rs.10123.20
    • B. Rs.12100
    • C. Rs.12552
    • D. Rs.12665
    • Discuss
    • 2. At a certain rate of interest the compound interest of 3 years and simple interest of 5 years for certain sum of money is respectively Rs. 1513.2 and Rs. 2400. Find the common rate of interest per annum ?

    • Options
    • A. 5%
    • B. 6%
    • C. 4%
    • D. 3%
    • Discuss
    • 3. What is the difference between the compound interests on Rs. 5000 for 11?2 years at 4% per annum compounded yearly and half-yearly?

    • Options
    • A. Rs. 1.80
    • B. Rs. 2.04
    • C. Rs. 3.18
    • D. Rs. 4.15
    • Discuss
    • 4. The compound interest on Rs. 8000 for 3 year at 10% p.a. is

    • Options
    • A. 2648
    • B. 2145
    • C. 2587
    • D. 2784
    • Discuss
    • 5. A sum is equally invested in two different schemes on CI at the rate of 15% and 20% for two years. If interest gained from the sum invested at 20% is Rs. 528.75 more than the sum invested at 15%, find the total sum?

    • Options
    • A. Rs. 7000
    • B. Rs. 4500
    • C. Rs. 9000
    • D. Rs. 8200
    • Discuss
    • 6. The difference between the compound interest and the simple interest accrued on an amount of Rs. 18,000 in 2 years was Rs. 405. What was the rate of interest p.c.p.a. ?

    • Options
    • A. 12%
    • B. 13%
    • C. 14%
    • D. 15%
    • Discuss
    • 7. The difference between simple and compound interest compounded annually on a certain sum of money for 2 years at 4% per annum is re.1. the sum is

    • Options
    • A. 625
    • B. 630
    • C. 640
    • D. 650
    • Discuss
    • 8. The difference between the compound interest and simple interest on a certain sum at 10% per annum for 2 years is Rs. 631. Find the sum.

    • Options
    • A. 60100
    • B. 61100
    • C. 62100
    • D. 63100
    • Discuss
    • 9. Rs 1000 is being charged at 50% per annum. what is the interest for 3rd year at compound interest?

    • Options
    • A. 1122
    • B. 1025
    • C. 1125
    • D. 625
    • Discuss
    • 10. The minimum number of half years in which a sum of money kept at 60% compound interest will be quadrupled is ?

    • Options
    • A. 2
    • B. 4
    • C. 3
    • D. 6
    • Discuss


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