Mathematics · Compound Interest
Mahesh has ₹1,617 with him. He divided it between his sons Vijay and Ajay and asked them to invest it at a 10% rate of interest compounded annually. It was observed that Vijay and Ajay received the same total amount after 15 and 16 years respectively. How much (in ₹) did Mahesh give to Vijay?
- 1847✓
- 2697
- 3770
- 4870
Correct answer
847
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