Question

A man wants to invest Rs 40,440 in bank account of his two sons whose age were 12 years and 16 years in such a way that they will get equal amount at age of 120 years @ 33 1/3% per annum compounded annually. Find the share of younger son?

A Rs.30,720
B Rs.9,720
C Rs.10,110
D Rs.9,270
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