Question 72

Logical Reasoning Puzzles Easy

A man’s investment doubles in every 5 years . If he invested Rs. 5000 in each of the years 1990 , 1995 , 2000 and 2005 , then what was the total amount recieved by him in 2010?

(A) Rs. 1,40,000
(B) 30,000
(C) 70,000
(D) 1,50,000
View Dynamic Solution & Explanation
Correct Solution: Option D

Step-by-step Solution:

Problem Analysis

The problem requires us to calculate the total value of four separate investments in the year 2010. The rule is that each investment doubles in value every 5 years. We need to find the final value of each investment and then sum them up.

Calculating the Value of Each Investment in 2010

  1. Investment made in 1990 (Rs. 5,000)
    • Time period: 1990 to 2010 = 20 years.
    • Number of 5-year doubling periods: 20 / 5 = 4.
    • Final Value = 5,000 × 24 = 5,000 × 16 = 80,000.
  2. Investment made in 1995 (Rs. 5,000)
    • Time period: 1995 to 2010 = 15 years.
    • Number of 5-year doubling periods: 15 / 5 = 3.
    • Final Value = 5,000 × 23 = 5,000 × 8 = 40,000.
  3. Investment made in 2000 (Rs. 5,000)
    • Time period: 2000 to 2010 = 10 years.
    • Number of 5-year doubling periods: 10 / 5 = 2.
    • Final Value = 5,000 × 22 = 5,000 × 4 = 20,000.
  4. Investment made in 2005 (Rs. 5,000)
    • Time period: 2005 to 2010 = 5 years.
    • Number of 5-year doubling periods: 5 / 5 = 1.
    • Final Value = 5,000 × 21 = 5,000 × 2 = 10,000.

Total Amount Calculation

To find the total amount received, we sum the final values of all four investments:

Total Amount = 80,000 + 40,000 + 20,000 + 10,000

Total Amount = Rs. 1,50,000