7. A man has 20,000 in his account in a bank. He
withdraws 3,000 per month for the first two
months and deposits double of this amount on
third month. What will be the balance in his
account after 3 months?
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Answer:
A man debited 3000 in two consecutive months from 20,000.
Therefore, he had 20,000 - 2×3000 = 14,000
Now he also credits double of what he debited in two months
Therefore amount he credits will be 2×(2×3000) = 12,000.
Total amount in bank after 3rd month
= 14,000 + 12,000 = ₹ 26,000
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