Question
A loan of ₹5,00,000 is taken at an interest rate of
10% per annum for 5 years with equal annual principal repayments. What is the total interest paid over the loan tenure?Solution
Principal repaid yearly = ₹5,00,000 / 5 = ₹1,00,000 Interest first year = 10% × ₹5,00,000 = ₹50,000 Second year interest = 10% × ₹4,00,000 = ₹40,000 Third year = ₹30,000 Fourth year = ₹20,000 Fifth year = ₹10,000 Total interest = ₹50,000 + ₹40,000 + ₹30,000 + ₹20,000 + ₹10,000 = ₹1,50,000
Select the most appropriate synonym of the given word:
Candid
SPRY
DEMEAN
PERIL
Find the word with the appropriate similar meaning of the word in Italic from the options given:
The speech was eloquent , and everyone admire...
The Mangoes were eaten by the children
Select the word which means the same as the group of words given.
An arrangement of events or dates in the order of their occurrence
Fill in the blanks with the appropriate antonym of the word in Italic from the options given:
The serene atmosphere was disturbed by a ______...
Nonplussed
Identify the most appropriate antonym of the given word-
DOCILE
Relevant for Exams:
