• Call Us : 03082533000 (WhatsApp)
  • Email Us : TestPointpk.com@gmail.com
Testpoint Whatsapp group Testpoint Whatsapp group
Sticky Note
What annual payment will discharge a debt of Rs 1025 due in 2 years at a compound interest rate of 5% per annum?
  1. 500
  2. 525.50
  3. 540
  4. 551.25
Explanation
Let each installment be Rs. x. Then,
x/(1 + 5/100) + x/(1 + 5/100)2 = 1025
820x + 1025 * 441
x = 551.25
So, value of each installment = Rs. 551.25

Last verified on 11-05-2026

Related MCQs

If the price of sharpeners reduces by 20%, a girl can purchase 3 more sharpeners in a dollar. The number of sharpeners that can be purchased in five dollars is?
  1. 75
  2. 65
  3. 55
  4. None of these
اس سوال کو وضاحت کے ساتھ پڑھیں
A class has four sections and the number of students in each section is 50, 40, 30 and 20. The pass percentage of these sections is 20%, 15%, 30%, and 50% respectively. The failure percentage of the entire class is?
  1. 70%
  2. 75%
  3. 80%
  4. None of these
اس سوال کو وضاحت کے ساتھ پڑھیں
Two discounts of 15% and 30% are equal to a single discount of?
  1. 40.5%
  2. 41.5%
  3. 42.5%
  4. None of these
اس سوال کو وضاحت کے ساتھ پڑھیں
A student was solving a question of Mathematics. While he was doing calculations, he multiplied a number by 3/2 instead of 2/3. The percentage error in the calculation is?
  1. 55.55%
  2. 55.45%
  3. 55.35%
  4. None of these
اس سوال کو وضاحت کے ساتھ پڑھیں
1200 boys and 800 girls appeared in an examination. If 60% of the boys and 40% of the girls passed the examination, what is the percentage of candidates who failed in the examination?
  1. 49%
  2. 48%
  3. 47%
  4. None of these
اس سوال کو وضاحت کے ساتھ پڑھیں
Test Point Whatsapp Channel

All Rights Reserved © TestPointpk.com