Warning: implode(): Invalid arguments passed in /www/wwwroot/jobquiz.info/mdiscuss.php on line 336
A person borrows a certain amount from his friend at the rate of 15% per annum compound interest, interest being compounded annually and agrees to return it in 2 equal yearly installments of Rs.529/- each. Find the amount borrow. ?->(Show Answer!)
Question Set

1. A person borrows a certain amount from his friend at the rate of 15% per annum compound interest, interest being compounded annually and agrees to return it in 2 equal yearly installments of Rs.529/- each. Find the amount borrow.





Ask Your Doubts Here

Type in
(Press Ctrl+g to toggle between English and the chosen language)

Comments

Show Similar Question And Answers
QA->The difference between compound interest and simple interest for an amount of Rs. 40,000 for 2 years at 5% interest rate is....
QA->Rs.800 becomes Rs.956 in 3 years at certain rate of simple interest.If the rate of interest is increased by 3%,What amount will Rs.800 becomes in 3 years?....
QA->How much time will it take for an amount of Rs. 900 to yield Rs. 81 as interest at 5% per annum of simple interest?....
QA->At his usual rowing rate, Rahul can travel 12 miles downstream in a certain river in 6 hrs less than it takes him to travel the same distance upstream. But if he could double his usual rowing rate for this 24 mile round trip, the downstream 12 miles would then take only one hour less than the upstream 12 miles. What is the speed of the current in miles per hour?....
QA->At his usual rowing rate, Ram can travel 12 miles downstream in a certain river in 6 hrs less than it takes him to travel the same distance upstream. But if he could double his usual rowing rate for this 24 mile round trip, the downstream 12 miles would then take only one hour less than the upstream 12 miles. What is the speed of the current in miles per hour?....
MCQ->A person borrows a certain amount from his friend at the rate of 15% per annum compound interest, interest being compounded annually and agrees to return it in 2 equal yearly installments of Rs.529/- each. Find the amount borrow.....
MCQ->Certain loan amount was repaid in two annual installments of Rs.1331/- each. If the rate of interest be 10% per annum Compounded annually the sum borrowed was....
MCQ->The difference between the simple interest and the compound interest compounded annually at the same rate of interest on a sum of money at the end of two years is INR 50/-. What is definitely the rate of interest percent per annum?....
MCQ->The difference between the compound interest and the simple interest on a certain sum of money at 12% per annum for 2 years is Rupee Find the principal sum when the interest is compounded annually:....
MCQ->What will be the compound interest earned on an amount of Rs. 5000 in 2 years? I.  The simple interest on the same amount at the same rate of interest in 5 years is Rs. 2000. II.  The compound interest and the simple interest earned in one year is the same.  III.  The amount becomed more than double on compound interest in 10 years.....
Terms And Service:We do not guarantee the accuracy of available data ..We Provide Information On Public Data.. Please consult an expert before using this data for commercial or personal use | Powered By:Omega Web Solutions
© 2002-2017 Omega Education PVT LTD...Privacy | Terms And Conditions
Question ANSWER With Solution