A man invests an amount of ₹ 15,860 in the names of his three sons A, B and C in such a way that they get the same interest after 2,3 and 4 years…

CA Foundation · Quantitative Aptitude · MTP · June 2024
A man invests an amount of ₹ 15,860 in the names of his three sons A, B and C in such a way that they get the same interest after 2,3 and 4 years respectively. If the rate of interest is 5%, then the ratio of amount invested in the name of A, B and C is.
(A) A. 6:4:3
(B) B. 3:4:6
(C) C. 30:12:5
(D) D. None of the above

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. 6:4:3

Topics: Part-A: Business Mathematics

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