Question

Hardeep saves 15% of his total annual income and deposits it every year in a bank on a fixed date
interest provided by the bank is 10% per annum, compounded annually. In the fourth year he coul
deposit the amount, but had withdrawn the whole amount with interest, on the same fixed date. W
total amount withdrawn from the bank, if his annual income is Rs. 80,000.
O Rs. 45.755
2017311
201731
O Rs. 41.452
O Rs. 47.874
Rs. 43,692
​

Answer 1

Answer:

Hardeep saves 15% of his total annual income and deposits it every year in a bank on a fixed date

interest provided by the bank is 10% per annum, compounded annually. In the fourth year he coul

deposit the amount, but had withdrawn the whole amount with interest, on the same fixed date. W

total amount withdrawn from the bank, if his annual income is Rs. 80,000.

O Rs. 45.755

2017311

201731

O Rs. 41.452

O Rs. 47.874

Rs. 43,692