Question

Harsha and Varsha, twins, decide to invest Rs. 3000 every year when they are 25 years old. Harsha just

gave up at the age of 30 whereas Varsha continued to invest regularly. A few years later, Harsha decided

to make up for all those years so she invested a lump sum of Rs. 20,000 when she turned 35 and again

invested Rs. 25,000 at the age of 42. Thus by the age of 45, both Harsha and Varsha had invested Rs. 63000

each. Assuming a growth rate of 15%, Harsha had Rs. 4 lakh whereas Varsha had Rs. 3.8 lakh.​

Answer 1

Answer:

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