IBPS Government Jobs Exams Numerical Ability Simple & Compound Interest

Sonal took a loan of Rs. 15,00,000 to purchase a car. The company charges compound interest at 20% per annum. She promised to make the payment after three years. But for the last year of loan tenure, the company increased the rate of interest by 25% from the previous one. Then the extra amount which she had to pay is what per cent of the amount of loan taken by her?
A) 8.3% B) 7.9% C) 8.7% D) 7.2%

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IBPS Other Question

The income tax department has changed the method of calculating the tax amount from a flat tax of 10% on the taxable income to a fixed charge of Rs. 20,000 plus 5% tax on the taxable income exceeding Rs. 2,00,000. If an individual’s tax amount as per the new calculation is Rs. 5,000 less than that found by using the old formula, what is his taxable income?
A) Rs. 2,88,000 B) Rs. 2,92,000 C) Rs.
3,00,000 D) Rs. 2,78,000 E) Rs. 3,25,000 There are 3 points P, Q and R in a straight line, such that point Q is equidistant from points P and R. A man can swim from point P to R downstream in 24 hours and from Q to P upstream in 16 hours. Find the ratio of speed of man in still water to speed of stream?
A) 5 : 1 B) 6 : 1 C) 5 : 3 D) 7 : 1