Mathematics · Compound Interest
Akshay has ₹1,218 with him. He divided it between his sons Arjun and Kartik and asked them to invest it at a 10% annual compound interest rate. It was observed that Arjun and Kartik received the same total amount after 12 and 13 years respectively. How much money (in ₹) did Akshay give to Kartik?
- 1738
- 2638
- 3430
- 4580✓
Correct answer
580
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