Mathematics · Compound Interest
Varun has ₹1230 with him. He divided it between his sons Ashish and Arun and asked them to invest it at a 5% per annum rate of interest compounded annually. If Ashish and Arun received the same amount after 11 and 12 years respectively, how much (in ₹) did Varun give to Arun?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1630
- 2730
- 3450
- 4600✓
Correct answer
600
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