top button
Flag Notify
    Connect to us
      Site Registration

Site Registration

What amount will she pay at the end of 2 years and 4 months to clear the loan?

0 votes
170 views

Komala borrowed Rs 26400 from a bank to buy a scooter at a rate of 15% per annum, compounded yearly.
What amount will she pay at the end of 2 years and 4 months to clear the loan?

posted Feb 14, 2020 by Prithvi

Share this puzzle
Facebook Share Button Twitter Share Button LinkedIn Share Button

1 Answer (Check Answer ▼)





Similar Puzzles
0 votes

How much times (in years) will it take for an amount of Rs. 450 to yield Rs. 162 an interest at 4.5% per annum of simple interest?

0 votes

Mona deposits Rs. 15000 in her bank account for 6 years to earn a simple interest of 11.5%.
What amount will she get after 6 years?

0 votes

There is 60% increase in an amount in 6 years at simple interest.
What will be the compound interest of Rs. 12000 after 4 years at the same rate?

0 votes

Raima took a loan of Rs. 1500 with simple interest for as many years as the rate of interest. If she paid Rs. 960 as interest at the end of the loan period, what was the rate of interest?

...