{"id":165171,"date":"2024-03-22T14:36:36","date_gmt":"2024-03-22T09:06:36","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=165171"},"modified":"2024-03-22T14:36:38","modified_gmt":"2024-03-22T09:06:38","slug":"a-man-borrowed-rs-50000-from-a-bank-at-10-per-annum-compounded-annually-at-the-end-of-every-year","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/a-man-borrowed-rs-50000-from-a-bank-at-10-per-annum-compounded-annually-at-the-end-of-every-year\/","title":{"rendered":"A man borrowed Rs.50,000 from a bank at 10% per annum, compounded annually. At the end of every year"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">A man borrowed Rs.50,000 from a bank at 10% per annum, compounded annually. At the end of every year, he pays Rs.15,000 as part payment of the loan and interest. How much does he still owe to the bank after three such instalments?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">a) 17200<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>b) 16900<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">c) 15500<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">d) 14300<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Sol:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">50000\u00d711\/10=55000-15000=40000<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">40000\u00d711\/10=44000-15000=29000<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">29000\u00d711\/10=31900-15000=16900<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A man borrowed Rs.50,000 from a bank at 10% per annum, compounded annually. At the end of every year, he pays Rs.15,000 as part payment of the loan and interest. How much does he still owe to the bank after three such instalments? a) 17200 b) 16900 c) 15500 d) 14300 Sol: 50000\u00d711\/10=55000-15000=40000 40000\u00d711\/10=44000-15000=29000 29000\u00d711\/10=31900-15000=16900<\/p>\n","protected":false},"author":419,"featured_media":165172,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[5138],"tags":[5139],"class_list":["post-165171","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-quantitative-aptitude","tag-quantitative-aptitude"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/165171","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/419"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=165171"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/165171\/revisions"}],"predecessor-version":[{"id":165173,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/165171\/revisions\/165173"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/165172"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=165171"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=165171"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=165171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}