Multiple Choice Questions on A sum of Rs13 360 was borrowed at 8 3 4 p a C I and paid back in 2yrs in two equal installments What........... for Mathematics - All Exams Preparation

Back to Main Page

Multiple Choice Questions

A sum of Rs13 360 was borrowed at 8 3 4 p a C I and paid back in 2yrs in two equal installments What...........

Quantitative Aptitude ( CCS) Compound Interest
    Add to Study Deck Download Solution PDF

    A sum of Rs13,360 was borrowed at 8(3/4)% p.a C.I and paid back in 2yrs in two equal installments. What was the amount of each installment?

    5769

    Incorrect Answer

    7569

    Correct Answer

    7009

    Incorrect Answer

    7500

    Incorrect Answer
    छोटे Courses बड़े Results
    Master Compound Interest
    Prepare through Micro-courses
    Try Now
    Explanation:

    8(3/4) = 7/80
    80/87 * 167/87 * installments =13360
    Installments = Rs7569

    Hence, option 2 is the correct answer.

    Let's Discuss

    Master
    Compound Interest
    With abhipedia
    Micro Courses
    Try Now
    What our students have to say
    Download Abhipedia Android App

    Access to prime resources

    Downlod from playstore
    download android app download android app for free

    Search on abhipedia