MCQOPTIONS
Saved Bookmarks
| 1. |
Q: 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 | |