Wipro
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Numerical Ability
Simple & Compound Interest
I just borrowed an interest-free $320 from my brother. I pay him back 2.5% of that amount in quarterly installments. If I already paid him $56, how many month have I been paying my loan back?
A. 4
B. 7
C. 14
D. 28
E. 21
Read Solution (Total 1)
-
- (1/4)*320*2.5 / 100 =2
paid=56
no. of months= 56/2
ans=28 - 8 years agoHelpfull: Yes(0) No(0)
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