How to solve IPMAT 2023 - Quantitative Aptitude Question 14?

This question can be solved by applying the core concept explained in the solution above, followed by step-by-step calculation and elimination of options.

Which concept is tested in this question?

This question tests fundamental concepts commonly asked in IIM IPMAT exams.

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IPMAT 2023 - Quantitative Aptitude Question 14

This is a detailed step-by-step solution for IPMAT 2023 - Quantitative Aptitude Question 14. Understand the concept, common mistakes, and expert tips to solve similar questions in IIM IPMAT exam.

IPMAT 2023 - Quantitative Aptitude

This question is a bit tricky.
It says today is the beginning of the year but Ankita will make her first investment at the end of the year. This means for the initial first year, no investment has been made.

Total interest earned = 0 + 200 + 600 + 900 + 800 = 2500

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