An investment is earning compounded interest ₹ 100 invested in the year 2 accumulated to ₹ 105 by year 4. If ₹ 500 invested in the year 5, will…

CA Foundation · Quantitative Aptitude · MTP · May 2026
An investment is earning compounded interest ₹ 100 invested in the year 2 accumulated to ₹ 105 by year 4. If ₹ 500 invested in the year 5, will become ______ by year 10.
(A) A. ₹ 364.80
(B) B. ₹ 564.80
(C) C. ₹ 464.80
(D) D. ₹ 664.80

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. ₹ 564.80

Topics: Part-A: Business Mathematics

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