The Partners A & B together lent ₹3903 at 4% p.a interest compounded annually. After a span of 7 years, A gets the same amount as B gets after 9…

CA Foundation · Quantitative Aptitude · MTP · September 2024
The Partners A & B together lent ₹3903 at 4% p.a interest compounded annually. After a span of 7 years, A gets the same amount as B gets after 9 years. The share of A is sum of ₹3903/- would have been
(A) A. ₹875
(B) B. ₹2280
(C) C. ₹2028
(D) D. ₹2820

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. ₹2028

Topics: Part-A: Business Mathematics

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