Mathematics · Compound Interest
Ashok left a will of Rs 48,300 for his two sons whose ages are 16 and 17 years. They must get equal amounts when they attain the age of 19 years at 10% per annum compound interest. Find the present share of the younger son.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs 24,000
- 2Rs 25,000
- 3Rs 23,000✓
- 4Rs 22,000
Correct answer
Rs 23,000
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