Warren has $10,000 to invest. He finds a bank that will give him a 9% interest rate. After investing, he leaves it untouched for
1 answer:
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Answer:
Rs 93.75
Step-by-step explanation:
Solution:
A man starts from his house with some money to visit four temples.
<u>1. As soon as he enters temple 1 his money gets doubled. </u>
Let he had money at first =
After enter the 1st temple his money =
He donated = Rs 100
Money left after donation at 1st temple =
<u>2. At temple 2 again his money is doubled and he donates Rs 100</u>
He had at 2nd temple =
Donated = Rs 100
Money left after donation at 2nd temple =
<u>3. His money is doubled again at temple 3 and he donates Rs 100.</u>
He had at 3rd temple =
Donated = Rs 100
Money left after donation at 3rd temple =
<u>4. At temple 4 again his money gets doubled. He donates 100 rs. again and returns home empty handed.</u>
He had at 4th temple =
Donated = Rs 100
Money left after donation at 4th temple =
<u>As he returned empty hand or with zero money, equation will be:-</u>
Thus, he had Rs 93.75 when he started from his house.