Mathematics · Compound Interest
A man borrows Rs. 15,000 at 12% compound interest per annum compounded half-yearly. He pays back Rs. 5,400 at the end of the first six months. Calculate the amount he has to pay at the end of the year to clear the entire loan.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Rs. 10,500
- 2Rs. 11,130✓
- 3Rs. 8,530
- 4Rs. 9,870
Correct answer
Rs. 11,130
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Mathematics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Compound Interest MCQs →Want more practice questions on Compound Interest?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Compound Interest