Chapter: Simple Interest
Question
Rothinbabu deposits the money for each of his two daughters in such a way that when the ages of each of his daughters will be 18yrs, each one will get ₹ 1,29,000. The rate of simple interest per annum in the bank is 10% and the present ages of his daughters are 13yrs, and 8yrs, respectively. Let us determine the money, he had deposited separately in the bank for each of his daughters.
Related Question
Chapter: Simple Interest
Chapter: Simple Interest