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Sunil borrowed a certain sum from a private lender. The repayment scheme is based on simple interest which increases by 5% every 2 years starting from 5% (like 5%,10%,15% and so on). Find the amount borrowed by Sunil if he repay Rs.24000 After 8 years.a)Rs.12000b)Rs.15000c)Rs.12500d)Rs.18000e)Rs.10000Correct answer is option 'A'. Can you explain this answer? for CAT 2025 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about Sunil borrowed a certain sum from a private lender. The repayment scheme is based on simple interest which increases by 5% every 2 years starting from 5% (like 5%,10%,15% and so on). Find the amount borrowed by Sunil if he repay Rs.24000 After 8 years.a)Rs.12000b)Rs.15000c)Rs.12500d)Rs.18000e)Rs.10000Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for CAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Sunil borrowed a certain sum from a private lender. The repayment scheme is based on simple interest which increases by 5% every 2 years starting from 5% (like 5%,10%,15% and so on). Find the amount borrowed by Sunil if he repay Rs.24000 After 8 years.a)Rs.12000b)Rs.15000c)Rs.12500d)Rs.18000e)Rs.10000Correct answer is option 'A'. Can you explain this answer?.

Solutions for Sunil borrowed a certain sum from a private lender. The repayment scheme is based on simple interest which increases by 5% every 2 years starting from 5% (like 5%,10%,15% and so on). Find the amount borrowed by Sunil if he repay Rs.24000 After 8 years.a)Rs.12000b)Rs.15000c)Rs.12500d)Rs.18000e)Rs.10000Correct 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.

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