Mathematics · Compound Interest
Gopal distributed ₹25200 between his two grandsons 13-year-old Akshay and 14-year-old Atul such that they get equal money when they turn 23 years old. Till then the money is in a bank getting compound interest at 10% per annum, compounded annually. How much (in ₹) did Gopal deposit in the name of Atul?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 111750
- 212000
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- 413550
Correct answer
13200
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