Ram and shyam jointly lend out rs17261 at 20% per annum compound interest such that rams amount for 2 year is same as is the shyams amount for 5 years.by how much does rams sum exceed shyams sum?

Answer 1

Ram's amount ---- x
shyam's amount ---- 17261-x

interest earned by Ram = x(1.2)^2 - x
interest earned by shyam = ......

Ram's interest = shyam's interest

Can you follow my logic?

Answer 2

sorry. can you please explain in detail. x(1.2)^2-x how you got this?