Question 64

Rameshwar deposited a part of ₹3,28,000 in a bank in the name of his daughter aged 18 years, and the balance in the name of his son aged 19 years in such a way that they both receive equal amounts when they become 21 years of age. If the bank gives compound interest at 5% per annum, then how much did be invest in the name of his daughter?


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