Mathematics · Compound Interest
Krish has ₹1407 with him. He divides this amount between his two sons, Veer and Nitin, and asks them to invest their respective shares at a compound interest rate of 10% per annum, compounded annually. It is observed that Veer's investment amounts to the same value after 14 years as Nitin's investment does after 15 years. How much (in ₹) did Krish give to Nitin?
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670
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