Mathematics · Compound Interest
Manoj divided ₹1,242 between his sons Anand and Anil, asking them to invest it at a 7% per annum interest rate, compounded annually. If Anand and Anil received the same total amount after 14 and 15 years respectively, how much (in ₹) did Manoj give to Anil?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹742
- 2₹642
- 3₹450
- 4₹600✓
Correct answer
₹600
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