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A father shared an amount of Rs. 33,201 to his two sons and their shares are invested at a compound interest of 4% per annum. If the amount received b
Question

A father shared an amount of Rs. 33,201 to his two sons and their shares are invested at a compound interest of 4% per annum. If the amount received by the elder son at the end of 2 years is the same as the amount received by the younger son at the end of 5 years, then the share (in rupees) of the younger son is (Take (1.04)3 as approximately equal to 1.125)

A.

14826

B.

15624

C.

17426

D.

16382

Correct option is B

15624

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