A man wants to invest Rs. 8425 in bank account of his two daughters whose age are 24 years and 28 years in such a way that they will get equal amount on age of 40 years at the rate of 33.3% compounded annually. Find the share of elder daughter.

A man wants to invest Rs. 8425 in bank account of his two daughters wh

1.	A man wants to invest Rs. 8425 in bank account of his two daughters whose age are 24 years and 28 years in such a way that they will get equal amount on age of 40 years at the rate of 33.3% compounded annually. Find the share of elder daughter.
A.	Rs. 6400
B.	Rs. 6464
C.	Rs. 5400
D.	Rs. 7000
E.	Rs. 6482
Answer» B. Rs. 6464

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A man wants to invest Rs. 8425 in bank account of his two daughters whose age are 24 years and 28 years in such a way that they will get equal amount on age of 40 years at the rate of 33.3% compounded annually. Find the share of elder daughter.

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