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
Ustad Vilayat Ali Khan is a maestro in ________.
The 2022 Asian Games took place a year later than planned in the Chinese city Hangzhou. Hangzhou is situated in which part of China?
Identify the tributary of Yamuna River from the following options.
The senior Indian lawyer who argued for India in the hearing at the International Court of Justice on the Kulbhushan Jadhav case is:
What is the term for an insurance contract, usually in a standard form, between the insurer and the insured (policyholder), outlining the legally requir...
Who became the first bowler to take two hat-tricks in a single T20 World Cup (Men’s or Women’s)?
Which of the following states is home to the only mine in the country involved in industrial-scale mining of diamonds?
At which of the following places did the Indian Iron and Steel Company set up its first factory?
Which sources of funding are typically available to Self-Help Groups (SHGs)?
Armenia, which recently became the 104th member of the International Solar Alliance (ISA), is located in which geographical region?
Relevant for Exams:
