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    A certain amount invested in a firm would become double at the end of one month,but it deducts an amount of Rs120 on every doubling. A person invests
    Question

    A certain amount invested in a firm would become double at the end of one month,but it deducts an amount of Rs120 on every doubling. A person invests an amountof Rs105 and continues for 3 months without investing any additional amount.At the end of 3 months, his net income is :

    A.

    Rs55 

    B.

    Rs0

    C.

    Rs270

    D.

    Rs45

    Correct option is B

    Let's analyze this step by step.

    Given,

    • An investment doubles at the end of each month.
    • Rs120 is deducted on every doubling.
    • Initial investment = Rs105.
    • The investment continues for 3 months.

    Month-by-month growth:

    Month 1:

    • Rs105 doubles → Rs210.
    • Rs120 is deducted → Rs90 remains.

    Month 2:

    • Rs90 doubles → Rs180.
    • Rs120 is deducted → Rs60 remains.

    Month 3:

    • Rs60 doubles → Rs120.
    • Rs120 is deducted → Rs0 remains.

    Thus, the person is left with Rs0 at the end of 3 months.

    Correct answer: (B) Rs0.

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