A person invested Rs. 5000 in each of the years 2005, 2010, 2015 and 2020, and the investment doubles every five years. What total amount will the person receive in 2025?
A1,35,000
B1,30,000
C1,50,000 ✓ Correct
D1,20,000
Correct answer: (C) 1,50,000
Explanation
The total amount received in 2025 is Rs. 1,50,000.
The 2005 sum doubles 4 times by 2025: 5000 x 2^4 = 80000.
The 2010 sum doubles 3 times: 5000 x 8 = 40000.
The 2015 sum doubles twice = 20000, and the 2020 sum doubles once = 10000.
Total = 80000 + 40000 + 20000 + 10000 = 1,50,000.
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