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Question
A man borrows Rs. 4,000 from a bank at 7 1 2 % interest. At the end of every year, he pays Rs. 1,500 as part repayment of loan and interest. How much does he still owe to the Bank after 3 such annual payments?
Board:
JKSSB
A
123.25
B
25
C
124.25
D
125
Secondary Mathematics
Simple Interest / Compound Interest
Attempts:
32
• Right:
1
• Wrong:
5
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