campus placement CoCubes Mock Test Quantitative Aptitude Interest Compound Interest

Ram borrows Rs. 3000 at 10% compound rate of interest. At end of each year he pays back Rs. 1000. How much amount should he pay at the end of the third year to clear all his dues?

1

Rs. 1530

2

Rs. 1683

3

Rs. 1663

4

Rs. 1563

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