859 - Math - Problem Solving

Math - Problem Solving MCQ No. : 31863

Question: A gentleman buys every year Bank's cash certificates of value exceeding the last year's purchase by Rs. 300. After 20 years, he finds that the total value of the certificates purchased by him is Rs. 83,000. Find the value of the certificates purchased by him in the 13th year.

  1. Rs. 4900
  2. Rs. 6900
  3. Rs. 1300
  4. None of these.

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Correct Answer: C

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