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| 1. |
A person closes his account in an investment scheme by withdrawing Rs 10000. One year ago, he had withdrawn Rs 6000. Two years ago he had withdrawn Rs 5000. Three years ago he had not withdrawn any money. How much money had he deposited approximately at the time of opening the account 4 years ago, if the annual rate of compound interest is 10%. |
| A. | Rs. 15470 |
| B. | Rs. 16680 |
| C. | Rs. 14250 |
| D. | Rs. 15200 |
| E. | None of these |
| Answer» B. Rs. 16680 | |