insurence exam ESIC MTS Mock Test 2022 Quantitative Aptitude Interest Compound Interest

Ram borrow Rs.50,000 at 5% annually compound interest, At the end of each year he pay back Rs.2100, How much amount should he pay at the end of the third year to clear his debit?

1

Rs.54,461

2

Rs.53,481

3

Rs.53,361

4

Rs.53,461

5

None of these

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