{"id":166347,"date":"2024-04-05T13:31:57","date_gmt":"2024-04-05T08:01:57","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=166347"},"modified":"2024-04-05T13:31:58","modified_gmt":"2024-04-05T08:01:58","slug":"a-person-borrowed-a-certain-sum-at-10-p-a-for-three-years-interest-being-compounded-annually","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/a-person-borrowed-a-certain-sum-at-10-p-a-for-three-years-interest-being-compounded-annually\/","title":{"rendered":"A person borrowed a certain sum at 10% p.a. for three years, interest being compounded annually"},"content":{"rendered":"\n<p>A person borrowed a certain sum at 10% p.a. for three years, interest being compounded annually. At the end of two year, he repaid a sum of Rs. 5513 and at the end of third year, he cleared off the debt by paying Rs. 14300. What was the sum borrowed by him?<\/p>\n\n\n\n<p>a) 15200<\/p>\n\n\n\n<p><strong>b) 15300<\/strong><\/p>\n\n\n\n<p>c) 15400<\/p>\n\n\n\n<p>d) 15500<\/p>\n\n\n\n<p>Sol:<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"874\" height=\"1024\" src=\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/04\/image-108-874x1024.png\" alt=\"\" class=\"wp-image-166348\" style=\"width:231px;height:auto\" srcset=\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/04\/image-108-874x1024.png 874w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/04\/image-108-256x300.png 256w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/04\/image-108-768x900.png 768w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/04\/image-108-1310x1536.png 1310w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/04\/image-108-1747x2048.png 1747w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/04\/image-108-128x150.png 128w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/04\/image-108-100x117.png 100w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/04\/image-108-299x350.png 299w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/04\/image-108-788x923.png 788w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/04\/image-108.png 180w\" sizes=\"auto, (max-width: 874px) 100vw, 874px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"241\" src=\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/04\/image-109-1024x241.png\" alt=\"\" class=\"wp-image-166349\" style=\"width:317px;height:auto\" srcset=\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/04\/image-109-1024x241.png 1024w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/04\/image-109-300x71.png 300w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/04\/image-109-768x181.png 768w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/04\/image-109-1536x362.png 1536w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/04\/image-109-2048x483.png 2048w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/04\/image-109-636x150.png 636w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/04\/image-109-100x24.png 100w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/04\/image-109-1485x350.png 1485w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/04\/image-109-788x185.png 788w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2024\/04\/image-109.png 509w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>A person borrowed a certain sum at 10% p.a. for three years, interest being compounded annually. At the end of two year, he repaid a sum of Rs. 5513 and at the end of third year, he cleared off the debt by paying Rs. 14300. What was the sum borrowed by him? a) 15200 b) [&hellip;]<\/p>\n","protected":false},"author":419,"featured_media":166350,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5138],"tags":[5139],"offerexpiration":[],"class_list":["post-166347","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\/166347","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=166347"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/166347\/revisions"}],"predecessor-version":[{"id":166351,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/166347\/revisions\/166351"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/166350"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=166347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=166347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=166347"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/offerexpiration?post=166347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}