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    Question

    A sum of Rs. 15979 was divided between Wasim and Simran

    in such a way that if both invested their shares at 5 percent compound interest per annum. the amount payable on maturity to Simran after 16 years would be the same as the amount payable on maturity to Wasim after 18 years. What was the share of Simran in the initial sum availabl?
    A Rs. 8369 Correct Answer Incorrect Answer
    B Rs. 8639 Correct Answer Incorrect Answer
    C Rs. 8379 Correct Answer Incorrect Answer
    D Rs. 8739 Correct Answer Incorrect Answer

    Solution

    The correct answer is C

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