Ram invests Rs. 5000 in a bond which gives Interest at 4% per annum during the first year, 5% during the second year and 10% during the third year. How much does he get at the end of third year?

Options

A. ₹ 11,500
B. ₹ 10,000
C. ₹ 10,500
D. ₹ 11,000

Answer

B

Explanation

`x xx (1+(5)/(100))xx(1+(6)/(100))xx(1+(10)/(100))=12243`
`x xx (21)/(20)xx(53)/(50) xx(22)/(20) =12243`
`x=10,000`