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Mr. X, a very industrious person, wants to establish his own unit. For this he needs an instant loan of ₹5,00,000 and, every five years he requires an additional loan of ₹100,000. If he had to clear all his outstandings in 20 years, and he repays the principal of the first loan equally over the 20 years, find what amount he would have to pay as interest on his initial borrowing if the rate of interest is 10% p.a. Simple Interest.? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Mr. X, a very industrious person, wants to establish his own unit. For this he needs an instant loan of ₹5,00,000 and, every five years he requires an additional loan of ₹100,000. If he had to clear all his outstandings in 20 years, and he repays the principal of the first loan equally over the 20 years, find what amount he would have to pay as interest on his initial borrowing if the rate of interest is 10% p.a. Simple Interest.? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Mr. X, a very industrious person, wants to establish his own unit. For this he needs an instant loan of ₹5,00,000 and, every five years he requires an additional loan of ₹100,000. If he had to clear all his outstandings in 20 years, and he repays the principal of the first loan equally over the 20 years, find what amount he would have to pay as interest on his initial borrowing if the rate of interest is 10% p.a. Simple Interest.?.

Solutions for Mr. X, a very industrious person, wants to establish his own unit. For this he needs an instant loan of ₹5,00,000 and, every five years he requires an additional loan of ₹100,000. If he had to clear all his outstandings in 20 years, and he repays the principal of the first loan equally over the 20 years, find what amount he would have to pay as interest on his initial borrowing if the rate of interest is 10% p.a. Simple Interest.? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.

Here you can find the meaning of Mr. X, a very industrious person, wants to establish his own unit. For this he needs an instant loan of ₹5,00,000 and, every five years he requires an additional loan of ₹100,000. If he had to clear all his outstandings in 20 years, and he repays the principal of the first loan equally over the 20 years, find what amount he would have to pay as interest on his initial borrowing if the rate of interest is 10% p.a. Simple Interest.? defined & explained in the simplest way possible. Besides giving the explanation of Mr. X, a very industrious person, wants to establish his own unit. For this he needs an instant loan of ₹5,00,000 and, every five years he requires an additional loan of ₹100,000. If he had to clear all his outstandings in 20 years, and he repays the principal of the first loan equally over the 20 years, find what amount he would have to pay as interest on his initial borrowing if the rate of interest is 10% p.a. Simple Interest.?, a detailed solution for Mr. X, a very industrious person, wants to establish his own unit. For this he needs an instant loan of ₹5,00,000 and, every five years he requires an additional loan of ₹100,000. If he had to clear all his outstandings in 20 years, and he repays the principal of the first loan equally over the 20 years, find what amount he would have to pay as interest on his initial borrowing if the rate of interest is 10% p.a. Simple Interest.? has been provided alongside types of Mr. X, a very industrious person, wants to establish his own unit. For this he needs an instant loan of ₹5,00,000 and, every five years he requires an additional loan of ₹100,000. If he had to clear all his outstandings in 20 years, and he repays the principal of the first loan equally over the 20 years, find what amount he would have to pay as interest on his initial borrowing if the rate of interest is 10% p.a. Simple Interest.? theory, EduRev gives you an ample number of questions to practice Mr. X, a very industrious person, wants to establish his own unit. For this he needs an instant loan of ₹5,00,000 and, every five years he requires an additional loan of ₹100,000. If he had to clear all his outstandings in 20 years, and he repays the principal of the first loan equally over the 20 years, find what amount he would have to pay as interest on his initial borrowing if the rate of interest is 10% p.a. Simple Interest.? tests, examples and also practice UPSC tests.