A person deposits ₹10,000 at the end of each year for 3 years in a fund earning 10% per annum compound interest. The amount accumulated at the end…

CA Foundation · Quantitative Aptitude · MTP · September 2026
A person deposits ₹10,000 at the end of each year for 3 years in a fund earning 10% per annum compound interest. The amount accumulated at the end of 3 years is:
(A) A. ₹30,000
(B) B. ₹33,100
(C) C. ₹36,410
(D) D. ₹39,930

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. ₹33,100

Topics: Part-A: Business Mathematics

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