Home
Class 7
MATHS
A man borrows rs 12500 at 20% compound ...

A man borrows rs 12500 at 20% compound interest.At the end of every year he pays rs 2000 as part repayment.How much does he still owes after three such installments?

Promotional Banner

Topper's Solved these Questions

  • SIMPLE INTEREST AND COMPOUND INTEREST

    PEARSON IIT JEE FOUNDATION|Exercise Level 1|31 Videos
  • SIMPLE INTEREST AND COMPOUND INTEREST

    PEARSON IIT JEE FOUNDATION|Exercise Level 2|20 Videos
  • SIMPLE INTEREST AND COMPOUND INTEREST

    PEARSON IIT JEE FOUNDATION|Exercise Short Answer Type Questions|15 Videos
  • Set theory

    PEARSON IIT JEE FOUNDATION|Exercise ASSESSMENT TEST Test 2|12 Videos
  • STATISTICS

    PEARSON IIT JEE FOUNDATION|Exercise CONCEPT APPLICATION (LEVEL 3)|11 Videos

Similar Questions

Explore conceptually related problems

A man borrows 12,500 at 20% compound interest. At the end of every year he pays 2000 as part repayment. How much does he still owe after three such instalments?

A man borrows Rs. 4000 from a bank at 7(1)/(2)% compound interest. At the end of every year he pays Rs. 1500 as part repayment of loan and interest. How much does he still owe to the bank after three such installments?

A man borrowed ₹ 5000 at 10% per annum compound interest. At the end of each year he has repaid 1500. The amount of money he still owes after the third year is

A man borrowed 4000 at 10% per annum at compound interest. At the end of each year he has repaid 1000. The amount of money he still incurs after the third year is

A man borrows Rs 4000 at 15% compound rate of interest.At the end of each year he pays back Rs 1500. How much amount should be pay at the end of the third year to clear all his dues? (a) Rs 874.75 (b) Rs 824.50 (c) Rs 924.25 (d) Rs 974.25

A man borrows Rs 2550 to be paid back with compound interest at the rate of 4% per annum by the end of 2 years in two equal yearly instalments.How much will each instalment be? (a) Rs 1275(b) Rs 1283 (c) Rs 1352 (d) Rs 1377

A man borrows Rs. 21000 at 10% compound interest. How much he has to pay equally at the end of each year, to settle his loan in two years?