One person wants to have ₹ 20,000 at the end of six years. Hence, he deposits ₹ (rounded in rupee) in a fund that pays 3% per annum, compounded…
CA Foundation · Quantitative Aptitude · PYQS · September 2025
One person wants to have ₹ 20,000 at the end of six years. Hence, he deposits ₹ (rounded in rupee) in a fund that pays 3% per annum, compounded annually. (Given : 1.03 6 = 1.194)
Suggested Answer and Working Notes:
Correct Answer: Option (D)
D. 16,750
Topics: Part-A: Business Mathematics
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