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Q:

2,40,000 is taken as loan for three years compounded annually at 12.5 % p.a. At the end of first year, the interest is revised to 12 % p.a. The total amount to be repaid at the end of third year is:

  • 1
    ₹ 3,38,688
  • 2
    ₹ 3,42,648
  • 3
    ₹ 3,26,400
  • 4
    ₹ 3,34,800
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Answer : 4. "₹ 3,34,800 "

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