1)Given that banker allowed 10.5% for 180 days to 365 days and 11% beyond 365 days , how much a person get for a deposit of Rs. 1000 in 3 years time ?
Choose one answer.
a. Rs. 16,380
b. Rs. 18,360
c. Rs. 13,680 Correct
d. Rs. 18,630
2)A person deposited Rs 1000 in a bank relate which offers 10% CI p.a semi-annually, the interest earned is Rs.
Choose one answer.
a. 1025 Correct
b. 1205
c. 1520
d. 1060
3)
A loan of the 5,00,000 is to be repaid in 5 equal annual installments. If the loan carries a rate of 12% p.a. What is the amount of each installment
Choose one answer.
a. 29129
b. 55478 Correct
c. 41608
d. 57045
I don't know how the above answers are coming .I think they r wrong bcoz imy calculation is giving diff results.Pls guide me
Thanks in advance.|||wrong Question
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