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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