Mathematics · Compound Interest
Kartik has ₹1407. He divides this amount between his two sons, Ishan and Krish, asking them to invest their shares at a compound interest rate of 10% per annum, compounded annually. Ishan's investment after 11 years equals Krish's investment after 12 years. How much (in ₹) did Kartik give to Krish?
- 1520
- 2837
- 3737
- 4670✓
Correct answer
670
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