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3469

Q:

Monica deposited a total of Rs. 10500 with a bank in two different deposit schemes at 10% p.a., interest being compounded annually. As per the schemes, she gets the same amount after 2 years on the first deposit as she gets after 3 years on the second deposit. How much money did she deposit for 3 years?

  • 1
    Rs. 4500
  • 2
    Rs. 5000
  • 3
    Rs. 6500
  • 4
    Rs. 7200
  • 5
    None of these
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  • Workspace

Answer : 2. "Rs. 5000"

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