CUET General Test - A woman wants to give Rs 32,800 to her two grandchildren aged 17 years and 18 years. The amount is to be divided such that each grandchild receives equal amounts when they turn 20 years old, at 5% p.a. compound interest. Find the present share of the younger grandchild. | PYQs + Solutions

CUET General Test 2023 19 June Shift 1

Arithmetic

Hard

Rs 12,800

Rs 16,400

Rs 16,000

Rs 8,400

✅ Correct Option: 3

Related questions:

22 May Shift 2

If a certain sum becomes three times in 4 years at compound interest, then in how many years, will it become 9 times?

2 June Shift 2

A sum of ₹ 5500 is lent out in two parts in such a way that the interest on one part at 12% for 4 years is equal to that on another part at 8% for 5 years. What will be the two parts of the sum?

13 May Shift 1

Arrange the simple interest of the following cases in decreasing order-

(A) The simple interest on Rs 6600 at 5% per annum for 2 yrs.

(B) The simple interest on Rs 200 at 6% per annum for 5 yrs.

(D) The simple interest on Rs 5000 at 12% per annum for 2 yrs.

Choose the correct answer from the options given below:

CUET General Test 2023 19 June Shift 1 PYQs

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