Question

The ratio of the sums invested by ‘X’ and ‘Y’ in SIP ‘M’ and ‘N’ is 7:4, respectively. If ‘X’ invested Rs. 6300 more than ‘Y’, then find the amount received by ‘Y’ after two years if he had invested his sum at 40% p.a. compound interest, compounded annually.

A Rs.10464
B Rs.12464
C Rs.16464
D Rs.13464
E None of these
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