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John borrowed Rs.2,10,000 from a bank at an interest rate of 10% per annum, compounded annually. The loan was repaid in two equal installments, the first after one year and the second after another year. The first installment was interest of one year plus part of the principal amount, while the second was the rest of the principal amount plus due interest thereon. Then each installment, in Rs., is(2018)a)121000b)122000c)123000d)124000Correct answer is option 'A'. Can you explain this answer? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about John borrowed Rs.2,10,000 from a bank at an interest rate of 10% per annum, compounded annually. The loan was repaid in two equal installments, the first after one year and the second after another year. The first installment was interest of one year plus part of the principal amount, while the second was the rest of the principal amount plus due interest thereon. Then each installment, in Rs., is(2018)a)121000b)122000c)123000d)124000Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for John borrowed Rs.2,10,000 from a bank at an interest rate of 10% per annum, compounded annually. The loan was repaid in two equal installments, the first after one year and the second after another year. The first installment was interest of one year plus part of the principal amount, while the second was the rest of the principal amount plus due interest thereon. Then each installment, in Rs., is(2018)a)121000b)122000c)123000d)124000Correct answer is option 'A'. Can you explain this answer?.

Solutions for John borrowed Rs.2,10,000 from a bank at an interest rate of 10% per annum, compounded annually. The loan was repaid in two equal installments, the first after one year and the second after another year. The first installment was interest of one year plus part of the principal amount, while the second was the rest of the principal amount plus due interest thereon. Then each installment, in Rs., is(2018)a)121000b)122000c)123000d)124000Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for CAT. Download more important topics, notes, lectures and mock test series for CAT Exam by signing up for free.

Here you can find the meaning of John borrowed Rs.2,10,000 from a bank at an interest rate of 10% per annum, compounded annually. The loan was repaid in two equal installments, the first after one year and the second after another year. The first installment was interest of one year plus part of the principal amount, while the second was the rest of the principal amount plus due interest thereon. Then each installment, in Rs., is(2018)a)121000b)122000c)123000d)124000Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of John borrowed Rs.2,10,000 from a bank at an interest rate of 10% per annum, compounded annually. The loan was repaid in two equal installments, the first after one year and the second after another year. The first installment was interest of one year plus part of the principal amount, while the second was the rest of the principal amount plus due interest thereon. Then each installment, in Rs., is(2018)a)121000b)122000c)123000d)124000Correct answer is option 'A'. Can you explain this answer?, a detailed solution for John borrowed Rs.2,10,000 from a bank at an interest rate of 10% per annum, compounded annually. The loan was repaid in two equal installments, the first after one year and the second after another year. The first installment was interest of one year plus part of the principal amount, while the second was the rest of the principal amount plus due interest thereon. Then each installment, in Rs., is(2018)a)121000b)122000c)123000d)124000Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of John borrowed Rs.2,10,000 from a bank at an interest rate of 10% per annum, compounded annually. The loan was repaid in two equal installments, the first after one year and the second after another year. The first installment was interest of one year plus part of the principal amount, while the second was the rest of the principal amount plus due interest thereon. Then each installment, in Rs., is(2018)a)121000b)122000c)123000d)124000Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice John borrowed Rs.2,10,000 from a bank at an interest rate of 10% per annum, compounded annually. The loan was repaid in two equal installments, the first after one year and the second after another year. The first installment was interest of one year plus part of the principal amount, while the second was the rest of the principal amount plus due interest thereon. Then each installment, in Rs., is(2018)a)121000b)122000c)123000d)124000Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice CAT tests.