Mathematics · Compound Interest
Ashish has ₹1404. He divides this amount between his two sons, Arun and Mahesh, who invest their shares at a compound interest rate of 8% per annum, compounded annually. If Arun's investment after 17 years equals Mahesh's investment after 18 years, how much (in ₹) did Ashish give to Mahesh?
- 1729
- 2525
- 3675✓
- 4829
Correct answer
675
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