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"Ramu borrowed Rs 15625 from a fina...

"Ramu borrowed Rs 15625 from a finance company to buy a scooter. If the rate of

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Ramu borrowed Rs 15625 from a finance company to buy a scooter. If the rate of interest be 16% per annum compounded annually, what payment will he have to make after years?

Neha borrowed Rs 24000 from the State Bank of India to buy a scooter. If the rate of interest be 10% per annum compounded annually, what payment will she have to make after 2 years 3 months? Hint: 2 years 2 months = 2(1)/(4) years.

Surabhi borrowed a sum of Rs 12000 form a finance company to purchase a refrigerator. If the rate of interest is 5% per annum compounded annually, calculate the compound interest that Surabhi has to pay to the company after 3 years.

Michael borrowed Rs 16000 from a finance company at 10% per annum, compounded half- yearly. What amount of money will discharge his debt after 1(1)/(2) years?

Bela borrowed Rs25,000 from a finance company to start her boutique at 20%per annum compounded half-yearly.What amount of money will clear her debt after 1(1)/(2) years?

Srikanth borrowed a sum of Rs. 12000 from a finance company at the rate of 20% per annum under compound interest, compounded annually. Find the amount and C.I. for a period of 2 years.

A man borrows money from a finance company and has to pay it back in two equal half-yearly instalments of Rs. 7,396 each. If the interest is charged by the finance company at the rate of 15% per annum, compounded semi-annually, find the principal and the total interest paid.

Diljit received a sum of Rs 40000 as a loan from a finance company. If the rate of interest is 7% per annum compounded annually, calculate the compound interest that Diljit pays after 2 years.