SSC Government Jobs Exams Numerical Ability Simple & Compound Interest

A person has left an amount of Rs.1,20,000 to be divided between his 2 son aged 14 years and 12 years such that they get equal amounts when each attains 18 years of age. If the amount gets a simple interest of 5% per annum, the younger son’s share at present is

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SSC Other Question
If a sum of money placed at compound interest, compounded annually, doubles itself in 5 years, then the same amount of money will be 8 times of itself in If the simple interest on Rs.x at a rate of a% for m years is same as that on Rs. y at a rate of a2% for m2 years, then x : y is equal to