A=P×(1+r∕100)t Calculation: Let the amount given to Raj be ₹x. Amount given to Varun =₹(1612−x) Final amount for Raj = Final amount for Varun ⇒x×(1+8∕100)15=(1612−x)×(1+8∕100)16 ⇒x×(1.08)15=(1612−x)×(1.08)16 ⇒x×(1.08)15=(1612×(1.08)−x×(1.08))×(1.08)15 ⇒x=1612×1.08∕(1+1.08) ⇒x=1612×1.08∕2.08 ⇒x=₹837