MBA Exam

please solve this ..& explain , I've the ans.A sum of money is borrowed & paid back in 2 equal annual installments of Rs. 882, allowing 5 % compound int. The sum borrowed was ?

1) 1640
2) 1680
3) 1620
4) 1700

Read Solution (Total 1)

1640

If x is the sum borrowed, then
(x*1.05-882)*1.05 =882
x*1.05 =1722
x=1722/1.05=1640
12 years agoHelpfull: Yes(0) No(0)

MBA Other Question

find last 2 digits of the below mentioned expression..101x102x103x197x198x199

1) 54
2) 74
3) 64
4) 84
The number 12345678901234567890....890 is 4000 digit long. First you remove all the digits from the odd numbered places starting from the leftmost place. Next you remove the odd digits from the remaining 2000 digits. The same process is performed till the 4000 digit long no. reduces to single digit. What is the last digit to be removed.

1) 2000
2) 2048
3) 1048
4) 1098