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A person buys loan of rs 45000 from a bank at compound interest at the rate of 10 %. HE REPAYS it in the three annual installment that are in arithmetic progrsson. He ends up paying 54000 in all. How much did he pay in first year?

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denil shah 22 days ago

12000

what would be correct approach for question no. 8?

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5 Comments

Ansh Gupta 9 months ago

Its D 28800

can anyone help me with this?

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shubham bharti 11 months ago

0%

plz solution

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how to solve this question using multiplication factor?

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ag 1994 1 year ago

r= 10%

Question of the Day!

[Appeared XAT 2012]

Topic: Arithmetic

A man borrows 6000 at 5% interest, on reducing balance, at the start of the year. If he repays 1200 at the end of each year, find the amount of loan outstanding, in , at the beginning of the third year.

- A 3162.75
- B 4125.00
- C 4155.00
- D 5100.00
- E 5355.00

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