MBA Exam

A has to pay Rs. 7282 at the end of 3 yrs. He agrees to repay the amt in 3 equal installments. Initially the rate is 10% p.a. compounded annually; but after 2 installments have been paid, the interest rate is increased to 15% p.a.; effective from that year. What was the value of the last installment?

1) Rs. 1100
2) Rs. 2200
3) Rs. 3300
4) None of these

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MBA Other Question

Let x denote the greatest 4-digit number which when divided by 6, 7, 8, 9 and 10 leaves a remainder of 4, 5, 6, 7 and 8 respectively. Then, the sum of the four digits of x is:(Easy)

1) 21
2) 18
3) 22
4) 25
5) None of these
A man, starting from a point P, takes exactly six equal steps. Each step is in one of the four directions – East, West, North and South. What is the total number of ways in which the man ends up at point P after the six steps?

1) 200
2) 256
3) 400
4) 512