railway RRB NTPC Mock Test Series 2024-25 (CBT 1 + CBT 2) Quantitative Aptitude Interest Compound Interest
A man borrows Rs. 15,000 at 15% p.a. compound interest. At the end of every year, he pays Rs. 2,500 as part repayment. How much does he still owe after three such instalments?
1
Rs. 14,131.87
2
Rs. 13,175.66
3
Rs. 12,150
4
Rs. 12,642.50