CAT (QA) PYQs

A loan of Rs 1000 is fully repaid by two installments of Rs 530 and Rs 594, paid at the end of first and second year, respectively. If the interest is compounded annually, then the rate of interest, in percentage, is

Bank $A$ offers $6 \%$ interest rate per annum compounded half yearly. Bank $B$ and Bank $C$ offer simple interest but the annual interest rate offered by Bank $C$ is twice that of Bank $B$. Raju invests a certain amount in Bank B for a certain period and Rupa invests $₹ 10,000$ in Bank $C$ for twice that period. The interest that would accrue to Raju during that period is equal to the interest that would have accrued had he invested the same amount in Bank $A$ for one year. The interest accrued, in INR, to Rupa is

John borrowed Rs.$2,10,000$ from a bank at an interest rate of $10 \%$ per annum, compounded annually. The loan was repaid in two equal installments, the first after one year and the second after another year. The first installment was interest of one year plus part of the principal amount, while the second was the rest of the principal amount plus due interest thereon. Then each installment, in Rs., is