Mathematics, 19.05.2021 14:00 nmg9
Kamal, Anand and Mohan are three mutual friends. Kamal and Anand decided to take loan from Mohan at the age of 23 years and 25 years old respectively. But Mohan has only Rs.44,200 sum and divide among them in such a way that their sums are invested compound interest annually at the rate of 10% per year. Then, they decide to return back to equal amounts on reaching 27 years of age. Calculate,1)How much sum is lent by Mohan to each of them? 2) By what percentage, the sum of Anand is more than that of Kamal? 3)How much amount they return back to Mohan?​
Answers: 3
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