Suppose you deposit ₹ 1,000 today, ₹ 2,000 after one year from today and ₹ 3,000 after two years from today, in a deposit that pays 10% per annum,…

CA Foundation · Quantitative Aptitude · PYQS · September 2025
Suppose you deposit ₹ 1,000 today, ₹ 2,000 after one year from today and ₹ 3,000 after two years from today, in a deposit that pays 10% per annum, compounded annually. What is the balance in the deposit at the end of two year in just after deposit of ₹ 3,000?
(A) A. 6,000
(B) B. 6,410
(C) C. 6,600
(D) D. 6,800

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. 6,410

Topics: Part-A: Business Mathematics

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