Mathematics · Compound Interest
Kishanth left a will of ₹52,500 for his two sons whose ages are 18 and 19 years. They must get equal amounts when they reach 21 years of age, at 10% per annum compound interest. Find the present share of the younger son.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1₹25,000✓
- 2₹24,000
- 3₹27,000
- 4₹26,000
Correct answer
₹25,000
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