1.

Monica deposited a total of Rs. 10500 with a bank in two different deposit schemes at 10% p.a., interest being compounded annually. As per the schemes, she gets the same amount after 2 years on the first deposit as she gets after 3 years on the second deposit. How much money did she deposit for 3 years?

A. Rs. 4500
B. Rs. 5000
C. Rs. 6500
D. Rs. 7200
E. None of these
Answer» C. Rs. 6500


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