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(#M40037199) SYNTEL QUESTION Keep an EYE

As per scheme (a) a car loan of Rs. 4 lakh at 12.5 p.c.p.a. rate of simple interest can be borrowed on a repayment term of lump sum amount at the end of 3 years.
As per scheme (b), the amount can be repaid at the end of 2 years, but compound interest (compounded annually) would be charged at the same rate. What would be the difference in amount of interest between the two schemes?
Option
(1)Rs. 43,125/-
(2)Rs. 43,750/-
(3)None of these
(4)Data inadequate
(5)Rs. 41,025/-

Asked In Syntel SwarnaLatha.Raavi (10 years ago)

Solved Saraswathy Read Solution (3)

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(#M40037198) SYNTEL QUESTION Keep an EYE

As per the latest census report, the population of Singapore is more than that of
Kuala Lumpur but not as much as that of Sydney. Population of Tokyo is more
than that of Beijing. If Beijing’s population is more than that of Sydney, which
one among these cities is the most populated?
(1)Beijing (2)Singapore (3)Data inadequate
(4)None of these (5)Kuala Lumpur

Asked In Syntel SwarnaLatha.Raavi (10 years ago)

Unsolved Read Solution (6)

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