regulatoryBody NABARD Development Assistant 2022 Mock Test Quantitative Aptitude Interest Compound Interest
Sunil borrows a sum of Rs. 64000 at 5% p.a. compounded annually. At the end of one year, he pays a certain amount and repays the balance amount of Rs. 35700 which is due at the end of the second year. What amount did he pay at the end of the first year?
1
38,000
2
35,500
3
33,400
4
33,200
5
None of these