Question
A person borrows ₹5000 at 12% per annum simple
interest. He repays ₹3200 at the end of 2 years. How much does he still owe after 2 years?Solution
Interest for 2 years = ₹5000 × 12% × 2 = ₹1200. Total amount after 2 years = ₹5000 + ₹1200 = ₹6200. Amount still owed = ₹6200 - ₹3200 = ₹3000. Answer: d) ₹3000.
More Quant Miscellaneous Questions
97, 98, 107, 132, 181, 264
Find the wrong number in the given number series.
24, 360, 629, 3148, 15742
- In the given number series, find the wrong number.
120, 60, 30, 15, 7.5, 3.25, 1.875 Find the wrong number in the given number series.
15, 38, 67, 98, 135, 181
Find the wrong number in the given number series.
76, 81, 96, 123, 156, 201850, 849, 841, 814, 750, 688
109 106 101 94 86 74
...1024 3072 384 1152 145 432
16, 48, 124, 240, 360, 360
16, 27, 44, 63, 98, 139
