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Some people form a joint account for one year with the condi

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Some people form a joint account for one year with the condition that every month each member deposits an amount equal to the number of members in the account in that month. Also, the person who withdraws from the account before the end of the year get his/her amount at the end of the year. After 6 months, 1/4th of the people withdraw and 1/3rd of the remaining withdraw after 3 months. At the end of the year there is an amount of Rs. 4860 in the account before paying of the withdrawn amounts. Find out the number of people in the beginning of the year.

A. 12
B. 24
C. 36
D. 48
E. 60

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