Divide ₹16,165 between Prateek and Shiva Prasad in such a way that at 20% per annum compounded annually, Prateek's share after 3 years equals Shiva Prasad's share after 5 years. What will be Prateek's share?

Subject: Mathematics | Topic: Arithmetic | Difficulty: MEDIUM

Options

  1. (A) ₹7021
  2. (B) ₹9144
  3. (C) ₹6625
  4. (D) ₹9540

Verified Answer

Option (D): ₹9540


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