A man's investments doubles in every 5 years. If the invested Rs. 5,000 in each of the years 1990, 1995, 2000 and 2005, then what was the total amount received by him in 2010?
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Investment Doubling Problem
A man invests Rs. 5,000 in each of the years 1990, 1995, 2000, and 2005.
His investment doubles every 5 years.
Find the total amount he receives in 2010.
Doubling period = 5 years
For each investment, amount in 2010 is calculated as:
$$ A = P \times 2^{\frac{t}{5}} $$
where
\( P = \) principal (Rs. 5,000),
\( t = \) years invested (difference between 2010 and investment year).