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Sapna borrowed some money on compound in...

Sapna borrowed some money on compound interest and returned it in three years in equal annual instalments. If the rate of interest is `15%` per annum and annual instalment is ₹ 486680, find the sum borrowed :

A

111220

B

111200

C

112200

D

none of these

Text Solution

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The correct Answer is:
B
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  7. A sum of Rs. 390200 is to paid back in three equal annual installments...

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  14. The difference between simple and compound interest for the fourth yea...

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  15. The simple interest on certain sum at 5% for 9 month is 7 greater tha...

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  16. Mr. Bajaj invested 1/7 of his total investment at 4% and 1/2 at 5% and...

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  17. The rate of interest in two hanks DNB and HBI are in the ratio of 7: 8...

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  18. The ratio of CI for 3 years and SI for 1 year for a fixed amount at a ...

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  19. A sum of money becomes 13/5 times of itself in 32 years at r% of SI. W...

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