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Posted By: Merin Kuriachan       Member Level: Diamond       Posted Date: 23 Jun 2007       Category: Aptitude Test

What annual payment will discharge a debt of Rs. 1025 due in 2 years at the rate of 5% compound interest?



Select Answer:

Rs. 550
Rs. 551.25
Rs. 560
Rs. 560.75




      
Your Test Score: 0 / 0



Next Question: A sum of money invested at compound interest amounts to Rs. 800 in 3 years and to Rs. 840 in 4 years. The rate of interest per annum is :
Previous Question: Mr. Dua invested money in two schemes A and B offering compound interest @ 8 p.c.p.a. and 9 p.c.p.a. respectively. If the total amount of interest accrued through two schemes together in two years was Rs. 4818.30 and the total amount invested was Rs. 27,0
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