Bissoy.com
Doctors Medicines MCQs Q&A

Seema took a loan for his son’s 2 years Educational program. She took the loan of 7 lakh such that she will be charged 5% C.I during the duration of course and will be charged 7% Compound interest after completion of the course. She repaid half of the amount she has pay after completion of his son’s studies and rest of the money will be paid after 2 year. What is the total amount paid by her?

Seema took a loan for his son’s 2 years Educational program. She took the loan of 7 lakh such that she will be charged 5% C.I during the duration of course and will be charged 7% Compound interest after completion of the course. She repaid half of the amount she has pay after completion of his son’s studies and rest of the money will be paid after 2 year. What is the total amount paid by her? Correct Answer Rs. 827663

Total Amount during Education program = 7,00,000 × (105/100)2 = 771750

Amount repaid = (1/2) × 771750 = 385875

After two years amount will get charged at 7% = 385875 × (107/100)2 = 441788.3

∴ Total amount she had to pay = 385875 + 441788.3 = Rs. 827663.3 ≈ Rs. 827663

Related Questions

Priya and khushi invested Rs.3000 together. Priya invested her amount at compound interest for ‘x/10’ years at x% rate interest and khushi invested half of her amount at compound interest and remaining half at simple interest at the same rate of interest for the same time period. [It is given that ‘x/10’ is a natural number] What is the value of ‘x’? Statement I: Ratio of investment of priya and khushi is 1 : 2 respectively and total sum received by them together after a particular time at x% rate of interest is Rs. 4280. Statement II: Simple interest received by khushi is Rs. 40 less than compound interest received by her. Statement III: Sum of simple interest and compound interest received by khushi after a certain time at x% rate of interest is Rs. 2500 Which of the above statement is redundant to find the answer of the given question?
Study the following information carefully to answer the question given below. Following are the qualifications and conditions for certain posts in a "XYZ" company. The candidate must: a) be an engineering graduate with at least 70% marks. b) be not less than 21 years and not more than 26 years of age as of 01/04/2018. c) have passed the written test with at least 60% of marks. d) be willing to pay a deposit of Rs. 2.5 lakh, to be refunded on completion of probation & training. If the candidate satisfies (a)-(d) he/she would be referred to as Engineer. However, if the candidate satisfies all the above, except: (i) at (a), has appeared for final semester exam; result yet to be declared; has 75% average marks up to the seventh semester; would be referred as Project-Engineer. (ii) at (a), has done diploma in engineering with 75% of marks, would be referred as Asst. Engineer. (iii) at (d), is willing to pay Rs. 1.5 lakh as a security deposit, would be referred to as Engineer-Trainee. (iv) at (b), even if age is above 26 years as of 1/4/18, but with 3 years of experience, would be referred as a Senior-Engineer. Pranita has completed her B. E. in electronics with 71% of the marks. She also has cleared the written tests with 75% of the marks. She is 22 years old as of May 2018. She is willing to pay a security deposit of Rs. 1.5 lakh. For which position will she be referred?
Meena took a loan of Rs 8000 at 20 percent per annum compound interest compounded semi annually. She repaid the loan after two years. Had she repaid the loan after a year, how much money she could have saved?
A (a 25 year old man) was B's (a 23 year old woman) neighbour. He fell in love with her and wanted to ask her to enter into a relationship with him. He sent her a number of text messages proclaiming his love for her. She did not respond to his overtures. On November 18, 2013, A went to B's house and told her that he was in love with her, and wanted to marry her. She told him that she was not interested and asked him to leave. A believed that B was only playing hard to get, and if he persisted, she would change her mind. On November 25, 2013, when B was returning home from her workplace, A met her again and proclaimed his love for her again. She again told him that she was not interested, and threatened to complain to the police. In spite of this, a week later, when B was leaving for work, she noticed that A was waiting outside her house, with a bouquet of flowers, and he tried to give her the flowers. B ignored him once again, and went to the police station to complain about A's acts. Under what Section of the Indian Penal Code should the police register the FIR (First Information Report)
The question below is followed by statements I, II, and III. You have to determine whether the data given in the statement is sufficient for answering the question. You should use the data and your knowledge of Mathematics to choose the best possible answer. The difference between the compound interest and simple interest on a certain sum at a certain rate of interest per annum for two years is 204.20. What is the amount received on the sum of compound interest at the same rate of interest at the end of three years. I. The difference between the compound interest and the simple interest on the sum for three years is 804.258. II. The sum becomes Rs. 14528 at the end of one year. III. The compound interest on the sum for two years is 7% more than the simple interest on the sum for two years.
Each of the questions below consists of a question and three statements number I, II and III given below it. You have to decide whether the data provided in the statement are sufficient to answer the question. Priya and khushi invested Rs.3000 together. Priya invested her amount at compound interest for ‘v/10’ years at v% rate interest and khushi invested half of her amount at compound interest and remaining half at simple interest at the same rate of interest for the same time period. [It is given that ‘v/10’ is a natural number] What amount is received by Khushi after ‘v/10’ years? Statement I: Value of ‘v’ can be determined by the equation : 3v2 – 55v - 100 = 0. Statement II: Priya invested Rs. 1000 less than amount invested by Khushi. Statement III: Total sum received Priya and Khushi together after ‘v/10’ years is Rs. 4280.
Marshall lent certain amount of money at 10% p.a. simple interest. After a year, Rs. 5500 is repaid and the rest of the amount is repaid at 20% p.a.. If the second year's interest is 11/9 of the 1st year's interest, find how much amount of money lent out initially ?
Read the passage carefully and choose the best answer to each question out of the four alternatives.
In mid-2012 I completed my first massive online open course, or MOOC, the kind widely offered by Coursera, EdX, Udacity and so on in partnership with different educational institutions. It was on clinical trials and ethical practices, offered by Johns Hopkins, on Coursera. This was shortly before the MOOC sensation hit India, and when Coursera, which was founded by two Stanford professors, itself was just a few months old. The MOOC bug had bit me. The course Id completed was mainly designed for health care professionals who would be involved in actual clinical trials, not college students who had no prior knowledge of that area. I decided to enroll in the course because it was the only biology related course open at the time. However, I did see hope in that sometime in the future Id be able to get a glimpse of what classes are like in the hallowed halls of major educational institutions around the world. By early 2013, Coursera and EdX had partnered with so many educational institutions and expanded their course offerings to include everything from food and nutrition to Greek mythology to business, that I was spoilt for choice. I spent hours going through course catalogues and poring over course descriptions, almost delirious with excitement at the fact that I was actually going to be able to take classes offered by universities I had only dreamt of attending.
The course the author completed on MOOC was related to which subject?
The following questions have three statements. Study the question and the statements and decide which of the statement(s) is/are necessary to answer the question. A person borrowed some money at compound interest for 2 years. What will be the amount required to return after 2 years? I. If the amount was borrowed at simple interest, then after 4 years Rs. 1000 was required to pay as simple interest. II. The sum of money borrowed is 12 times the amount required to be paid as simple interest after 2 years. III. The rate of interest is 8% per annum.
Anjum is counting his last days, he keeps half his property for his wife and divides the rest equally among his three sons: Bimar, Cumar and Danger. Some years later, Bimar dies, leaving half his property to his widow and half to his brothers, Cumar and Danger together, sharing equally. When Cumar makes his will, he keeps half his property for his widow and the rest he bequeaths to his younger brother Danger. When Danger dies some years later, he keeps half his property for his widow and the remaining for his mother. The mother now has Rs. 1575000. What was the worth of the total property?