I have run my app with instrument and i m getting a memory leak but i dont know at which point that memory leak is happening.
How will i know at which point memory is leaking.

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It says responsible library is quartzcore, and it is only 16 bytes. As long as it is not in the app and the OS is causing the same, you cant do much about this. I would recommend you to ignore this.
If you are facing issues, check the allocation tool -> Live bytes section and check if memory is shooting up when you are selecting a lot of images at the same time.