state gov Allahabad High Court Group D Mock Test Series 2024 Quantitative Aptitude Interest Installments
Akash borrows Rs. 12,500 at 20% compound interest. At the end of every year he pays Rs. 2000 as part repayment. How much does he still owe after three such instalments?
1
Rs. 12,000
2
Rs. 12,864
3
Rs. 15,560
4
None of these