Question
Quantitative Aptitude Question on SI & CI
A sum of Rs. 18,750 is left by will by a father to be divided between two sons, 12 and 14 years of age, so that when they attain maturity at 18, the amount (principal + interest) received by each at 5 per cent simple interest will be the same. Find the sum allotted at present to each son.
A
Rs. 9,500, Rs. 9,250
B
Rs. 8,000, Rs. 1,750
C
Rs. 9,000, Rs. 9,750
D
None of these
Answer
Rs. 9,000, Rs. 9,750
Explanation
Solution
The correct option is (C): Rs. 9,000, Rs. 9,750