Question

A person decides to save Rs. 40 more every month. If he save Rs. 40 in the first month, when-will his saving cross the limit of Rs. 2,000:

  1. Sixth month
  2. Eighth month
  3. Nine month
  4. Fifteenth month

Answer:

Option C: Nine month

Detailed Solution:

The correct answer is “Nine month”.

The person will cross the limit of Rs. 2000 in the ninth month.