Mathematics · Compound Interest
Mahesh has ₹1,407 with him. He divides this amount between his two sons, Vijay and Ajay, and asks them to invest their respective shares at a compound interest rate of 10% per annum, compounded annually. Vijay's investment amounts to the same value after 17 years as Ajay's investment does after 18 years. How much (in ₹) did Mahesh give to Ajay?
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670
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