Accountancy, asked by shilparam49241, 11 months ago

A person closes his account in an investment scheme by withdrawing rs. 10,000. One year ago he had withdrawn rs. 6000. Two years ago he had withdrawn rs. 5000. Three years ago he had not withdrawn any money.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 simple interest is 10% ?

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Answered by xemmax01

7

Answer:

A person closes his account in an investment scheme by withdrawing rs. 10,000. One year ago he had withdrawn rs. 6000. Two years ago he had withdrawn rs. 5000. Three years ago he had not withdrawn any money.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 simple interest is 10% ?

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