Paresh borrowed an amount of ₹23170 from Munna at an interest rate of 10% p.a., compounded annually, and repaid the entire amount in three equal annual instalments. Find the value of each instalment

Paresh lends Rs. 8 lakhs to a client at an interest rate of 10% per annum, compounded half-yearly. The client repays Rs. 42,000 at the end of the first year, Rs. 66,100 at the end of the second year and closes the loan by paying the outstanding amount at the end of the third year. What is the total interest (in Rs.) earned by Paresh over the three years?1)  2,47,2502)  1,87,2503)  2,75,5004)  2,56,250

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.

The simple interest on a certain sum of money for 3 years at 5% p.a is Rs 1200. Find theamount due and the compound interest on this sum of money at the same rate after 3years, interest is reckoned annually.

QUESTION 03 bookmark_border Select the correct answer Pravin borrowed a sum of money and returned it in three equal quarterly instalments of Rs. 17576 each. Find the sum borrowed, if the rate of interest charged was 16% per annum compounded quarterly. radio_button_unchecked 46900 radio_button_unchecked 48775 radio_button_unchecked 68320 radio_button_unchecked None give direct answer

Find the principal, if the compound interest compounded annually at the rate of 10% perannum for three years is Rs 331