Back to questions
MAY 2025Foundation

Dinesh received a cash bonus of ₹ 1,00,000 which he deposited in a bank which pays 10 percent interest compounded annually. How much approximate equal amount can Dinesh withdraw annually for a period of 10 years? [Given that (1.1)¹º = 2.59374]

A

(A) ₹ 16,273

B

(B) ₹ 38,554

C

(C) ₹ 62,745

may_2025_paper_3_quantitative_aptitude | Kartavvya