Question

Mr. Kalra borrowed ₹1,55,000 to meet the expenses of his son's education. If the rate of interest is 12% per annum compounded annually, then how much amount will he have to make after 2 years and 3 months to settle the account?

A 220264.32
B 160024.28
C 200264.96
D 124344.36
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)