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    Question

    A woman invests Rs. 10,000 in a bank offering 10% p.a.

    compound interest for the first 3 years and then 15% p.a. simple interest for the rest of the period. If she withdraws Rs. 3,310 at the end of three years, what will be the amount received by her at the end of 5 years?
    A Rs.12,400 Correct Answer Incorrect Answer
    B Rs.13,000 Correct Answer Incorrect Answer
    C Rs.24,000 Correct Answer Incorrect Answer
    D Rs.21,400 Correct Answer Incorrect Answer
    E none of these Correct Answer Incorrect Answer

    Solution

    ATQ,

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