Mathematics · Compound Interest
Ashok left a sum of Rs. 48300 to be divided between his two sons whose ages are 16 and 17 years. They must get equal amounts when they reach 19 years of age, at 10% per annum compound interest. Find the present share of the younger son. (In Rs.)
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 123000✓
- 222000
- 325000
- 424000
Correct answer
23000
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