MBA Exam

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.
pl explain friends

1) 3162.75
2) 5100.00
3) 5355.00
4) 4155.00

Read Solution (Total 1)

MBA Other Question
A circle with centre at O is shown in the figure given below. AB is a chord of the circle having length 8 cm. OD = 3 cm and is perpendicular to the chord AB. DO when extended intersect the circumference of the circle at C. E is the mid point of CB. EO, when extended, intersects BA extended at the point F. The length of FE is

1) 8
2) 4sqrt3
3) 3sqrt5
4) 4sqrt5
 If is the arithmetic mean between unequal numbers a and b, then find the value of n?

1) -1
2) 1
3) 2
4) 4
5) None of these