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Rupesh Goyal

· started a discussion

· 1 Months ago

How one can do so much calculation in exam without calculator?

Question:

A sum of Rs. 10000 is borrowed at 8% p.a. compounded annually which is paid back in 3 equal annual instalment. What is the amount of each instalment.

Options:
A)

Rs. 3333 13   

B)

Rs. 3500

C)

Rs. 3770.335 

D)

Rs. 3880.335

Solution:

  

Knowledge Expert

· commented

· 1 Months ago

Dear student
If you have learnt the squares of number(approx 30)
then it will not be so complex for you,
please do practice on simplification questions.

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