Question description

Mr. J wanted to give some amount of money to his two children, so that although today they may not be using it, in the future the money would be of use to them. He divides a sum of Rs. 18,750/- between his two sons of age 10 years and 13 years respectively in such a way that each would receive the same amount at 3% p.a. Compound interest when he attains the age of 30 years. What would be the original share of the younger son?

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