SSC Selection Post 2023 PYQ — Question 70

The correct answer is option 1 i.e. ₹9,000.

Let the annual amount be ₹P

The amount of rupees P in 3 years at 5% = $115P\over100$

The amount of rupees P in 2 years at 5% = $110P\over100$

The amount of rupees P in 1 year at 5% = $105P\over100$

According to the question,

⇒ $115P\over100$ + $110P\over100$ + $105P\over100$ + $100P\over100$ = 38700

⇒ $430P\over100$ = 38700

⇒ P = ₹9,000