campus placement TCS NQT Mock Test (Cognitive Ability) Quantitative Aptitude Interest Compound Interest
A father deposits the amount of Rs. 16800 for his two sons, aged 15 and 16 years respectively in such a way that they must get equal amount at the age of 18 years. If the rate of compound interest is 10% per annum then, how much amount will be deposited for the younger son ?
1
Rs. 8000
2
Rs. 8200
3
Rs. 8400
4
Rs. 10000