Question

A man has Rs 20,000 in his account in a bank. He withdraws Rs 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

Answer 1

Answer:

A man debited 3000 in two consecutive months from 20,000. Therefore amount he credits will be 2×(2×3000) = 12,000.