A, B and C invested amounts in the ratio 3 : 4 : 5 respectively. If the schemes offered compound interest at the rate of 20% per annum, 15% per annum and 10% per annum respectively, then what will be the ratio of their amounts after 1 year?
Let amount invested by A, B and C be Rs. 300, 400 and 500 respectively for 1 year.
Amount under compound interest = $$P(1+\frac{R}{100})^T$$
=> Amount A will get = $$300(1+\frac{20}{100})^1$$
= $$300\times\frac{120}{100}=Rs.$$ $$360$$
Similarly, amount B will get = $$4\times115=Rs.$$ $$460$$
and C =Â $$5\times110=Rs.$$ $$550$$
$$\therefore$$ Ratio of amounts received by A : B : C = 360Â : 460Â : 550
= 36 : 46 : 55
=> Ans - (C)
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