A person takes ₹ $10,000$ loan at the rate of $10 \%$ interest compounding yearly for the period of $4$ years. How much interest (In ₹) he has to pay?
$4371$
$4581$
$4641$
$4641$
The sample interest on a sum of money for $3$ years is ₹ $240$ and the compound interest on the same sum, at the same rate for $2$ years is ₹ $170 .$ The rate of interest is (In $\%$)
What would be the compound interest (In ₹) accrued on an amount of ₹ $7,400$ @ $13.5$ $p.c.p.a.$ at the end of two years? (rounded off to two digits after decimal)
$A$ deposited $Rs. 6000$ in a bank at $5 \%$ per annum simple interest. $B$ deposited $Rs. 5000$ at $8 \%$ $p.a.$ compound interest. After $2$ years, the difference between their interests (In $Rs.$) will be
A man borrows ₹ $25000$ at $20 \%$ compound interest. At the end of every year he pays ₹ $5000$ as part repayment. How much (In ₹) does he still owe after three such instalments?
What annual payment (In ₹) will discharge a debt of ₹ $1025$ due in $2$ years at the rate of $5 \%$ compound interest?