A man owes Rs. 800 dues in 2 years without interest and Rs. 300 dues in 9 years with a 6% annual effectiverate of interest. He wishes to pay these debts in two equal installments due 4 and 5 years hence, respectively. If money is worth 4% converted semiannually, how much should each instalment be?

Rs.32400 is payable after 6 years. If he wants to pay in 6 equal installments. Find each installment if rate of interest is 8% per annum ?OptionsRs.3500Rs.4500Rs.4800Rs.4000

A man borrowed a certain sum of money at the rate of 6 % per annum for the first two years, 9% per annum for the next three years, and 14% per annum for the period beyond 5 years. If he pays a total interest of Rs. 22,800 at the end of 9 years, find the amount he borrowed.

Sanjay borrowed Rs.900 at 4% per annum and Rs.1100 at 5% per annum for the same duration. He to pay Rs.364 in all as interest. What is the time period in years?Options5 years2 years4 years3 years

A person bought a refrigerator worth Rs. 22,800 with 12.5% interest compounded yearly. At the end of first year he paid Rs. 8,650 and at the end of second year Rs. 9,125. How much will he have to pay at the end of third year to clear the debt? (UPSC 2017)

Rahul takes a loan of Rs.3.2 lakhs for his business for a period of 2 years. He wishes to pay the amount in 2 equal instalments, at the end of the first year and at the end of the second year. The future value of both the instalments combined, at the end of the second year is Rs.5 lacs. What approximate percentage of amount did he save while paying in instalments as compared to the condition where he would have paid all the amount at the end of 2 years.