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Ghosh Babu deposited a certain sum of money in a bank in 1986. The bank calculated interest on the principal at 10 percent simple interest, and credited it to the account once a year. After the 1styear, Ghosh Babu withdrew the entire interest and 20% of the initial amount. After the 2ndyear, he withdrew the interest and 50% of the remaining amount. After the 3rdyear, he withdrew the interest and 50% of the remaining amount. Finally after the 4thyear, Ghosh Babu closed the account and collected the entire balance of Rs. 11,000.The total interest, in rupees, collected by Ghosh Babu was:a)12,000b)20,000c)4,000d)11,000Correct answer is option 'A'. Can you explain this answer? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about Ghosh Babu deposited a certain sum of money in a bank in 1986. The bank calculated interest on the principal at 10 percent simple interest, and credited it to the account once a year. After the 1styear, Ghosh Babu withdrew the entire interest and 20% of the initial amount. After the 2ndyear, he withdrew the interest and 50% of the remaining amount. After the 3rdyear, he withdrew the interest and 50% of the remaining amount. Finally after the 4thyear, Ghosh Babu closed the account and collected the entire balance of Rs. 11,000.The total interest, in rupees, collected by Ghosh Babu was:a)12,000b)20,000c)4,000d)11,000Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Ghosh Babu deposited a certain sum of money in a bank in 1986. The bank calculated interest on the principal at 10 percent simple interest, and credited it to the account once a year. After the 1styear, Ghosh Babu withdrew the entire interest and 20% of the initial amount. After the 2ndyear, he withdrew the interest and 50% of the remaining amount. After the 3rdyear, he withdrew the interest and 50% of the remaining amount. Finally after the 4thyear, Ghosh Babu closed the account and collected the entire balance of Rs. 11,000.The total interest, in rupees, collected by Ghosh Babu was:a)12,000b)20,000c)4,000d)11,000Correct answer is option 'A'. Can you explain this answer?.

Solutions for Ghosh Babu deposited a certain sum of money in a bank in 1986. The bank calculated interest on the principal at 10 percent simple interest, and credited it to the account once a year. After the 1styear, Ghosh Babu withdrew the entire interest and 20% of the initial amount. After the 2ndyear, he withdrew the interest and 50% of the remaining amount. After the 3rdyear, he withdrew the interest and 50% of the remaining amount. Finally after the 4thyear, Ghosh Babu closed the account and collected the entire balance of Rs. 11,000.The total interest, in rupees, collected by Ghosh Babu was:a)12,000b)20,000c)4,000d)11,000Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for CAT. Download more important topics, notes, lectures and mock test series for CAT Exam by signing up for free.

Here you can find the meaning of Ghosh Babu deposited a certain sum of money in a bank in 1986. The bank calculated interest on the principal at 10 percent simple interest, and credited it to the account once a year. After the 1styear, Ghosh Babu withdrew the entire interest and 20% of the initial amount. After the 2ndyear, he withdrew the interest and 50% of the remaining amount. After the 3rdyear, he withdrew the interest and 50% of the remaining amount. Finally after the 4thyear, Ghosh Babu closed the account and collected the entire balance of Rs. 11,000.The total interest, in rupees, collected by Ghosh Babu was:a)12,000b)20,000c)4,000d)11,000Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Ghosh Babu deposited a certain sum of money in a bank in 1986. The bank calculated interest on the principal at 10 percent simple interest, and credited it to the account once a year. After the 1styear, Ghosh Babu withdrew the entire interest and 20% of the initial amount. After the 2ndyear, he withdrew the interest and 50% of the remaining amount. After the 3rdyear, he withdrew the interest and 50% of the remaining amount. Finally after the 4thyear, Ghosh Babu closed the account and collected the entire balance of Rs. 11,000.The total interest, in rupees, collected by Ghosh Babu was:a)12,000b)20,000c)4,000d)11,000Correct answer is option 'A'. Can you explain this answer?, a detailed solution for Ghosh Babu deposited a certain sum of money in a bank in 1986. The bank calculated interest on the principal at 10 percent simple interest, and credited it to the account once a year. After the 1styear, Ghosh Babu withdrew the entire interest and 20% of the initial amount. After the 2ndyear, he withdrew the interest and 50% of the remaining amount. After the 3rdyear, he withdrew the interest and 50% of the remaining amount. Finally after the 4thyear, Ghosh Babu closed the account and collected the entire balance of Rs. 11,000.The total interest, in rupees, collected by Ghosh Babu was:a)12,000b)20,000c)4,000d)11,000Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of Ghosh Babu deposited a certain sum of money in a bank in 1986. The bank calculated interest on the principal at 10 percent simple interest, and credited it to the account once a year. After the 1styear, Ghosh Babu withdrew the entire interest and 20% of the initial amount. After the 2ndyear, he withdrew the interest and 50% of the remaining amount. After the 3rdyear, he withdrew the interest and 50% of the remaining amount. Finally after the 4thyear, Ghosh Babu closed the account and collected the entire balance of Rs. 11,000.The total interest, in rupees, collected by Ghosh Babu was:a)12,000b)20,000c)4,000d)11,000Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Ghosh Babu deposited a certain sum of money in a bank in 1986. The bank calculated interest on the principal at 10 percent simple interest, and credited it to the account once a year. After the 1styear, Ghosh Babu withdrew the entire interest and 20% of the initial amount. After the 2ndyear, he withdrew the interest and 50% of the remaining amount. After the 3rdyear, he withdrew the interest and 50% of the remaining amount. Finally after the 4thyear, Ghosh Babu closed the account and collected the entire balance of Rs. 11,000.The total interest, in rupees, collected by Ghosh Babu was:a)12,000b)20,000c)4,000d)11,000Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice CAT tests.