Installments — XAT Previous-Year Questions
2 previous-year questions on Installments from XAT, with full solutions. Practise free — check answers as you go; sign in to save your progress.
Installments · XAT PYQs
A computer is sold either for Rs.19200 cash or for Rs.4800 cash down payment together with five equal monthly installments. If the rate of interest charged is 12% per annum, then the amount of each installment (nearest to a rupee) is
Answer the following question based on the information given below.
The following graphs shows the revenue (in $ million) of three companies in their initial six years of operations, in an economy which is characterized by a persistent inflation.
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A man borrows Rs. 6000 at 5% interest, on reducing balance, at the start of the year. If he repays Rs. 1200 at the end of each year, find the amount of loan outstanding, in Rs., at the beginning of the third year.