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Rishi has ₹1,681, which he distributes between his two sons, Shan and Piyush. He instructs them to invest their respective amounts at a compound interest rate of 5% per annum, compounded annually. After 13 years, Shan’s investment matures to the same amount as Piyush’s investment after 14 years. Determine the amount (in ₹) that Rishi gave to Shan.
820
861
711
920
861
Practice and solve "Rishi has ₹1,681, which he distributes between his two sons, Shan and Piyush. He instructs them to i..." for Mathematics - Previous Year Paper 2026. The correct answer is Option B: 861. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "Rishi has ₹1,681, which he distributes between his two sons, Shan and Piyush. He instructs them to i..." for Mathematics - Previous Year Paper 2026. The correct answer is Option B: 861. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.