Question
A borrows Rs 7000 from B at 10% p.a compound interest
compounded annually. At the end of every year he pays Rs 2200 and at the end of 3rd years he pays all the amount, how much amount does he pay at the end of the 3rd year?Solution
At the end of the 1st year: Amount = 7000 × 110% = Rs. 7700 Rest amount = 7700 – 2200 = Rs. 5500 At the end of 2nd year: Amount = 5500 × 110% = Rs. 6050 Rest amount = 6050 – 2200 = Rs. 3850 At the end of 3rd year: Amount = 3850 × 110% = Rs. 4235
What is the 2025 theme of World Hepatitis Day observed on July 28?
Which of the following ships, part of the Anti-Submarine Warfare Shallow Water Craft (ASW SWC) project, were launched simultaneously in September 2024?
As per RBI data, what was the total value of India’s external debt at the end of March 2025?
The country has registered its highest-ever FDI inflows of $84.84 billion in which of the following FY?
The National Dairy Development Board Anand signs a pact with ____ state government to manage the milk union for a period of 5 years?
The Centre has slashed the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME-II) subsidy of electric two-wheeler to Rs 10,000 per ...
______Â has signed an MoU with Andhra Pradesh in the areas of industrial development, financial Inclusion, public health, cyber security and prevention...
In which city the first Khelo India National Ranking Women Archery Tournament has been held?
Why did RBI revoke the license of Purvanchal Co-operative Bank?
Which Indian business school recently made it to the Financial Times Rankings 2023 for its executive education programs?
Relevant for Exams:
