Latest MBA Aptitude Question SOLUTION: A man borrows 6000 at 5% interest, on reducing balance, at the start of the year. If he repays 1200 at the end of each year, find the amount of loan outstanding, in , at the beginn

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(#M40014360) MBA question averages, percentages, profit loss and interest Keep an EYE

A man borrows 6000 at 5% interest, on reducing balance, at the start of the year. If he repays 1200 at the end of each year, find the amount of loan outstanding, in , at the beginningof the third year. is the ANSWER 5100 PLEASE CONFORM

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