CATArithmetic > Medium4635✅ Correct Option: 2Related questions:CAT 2023 Slot 2Anil borrows Rs 2 lakhs at an interest rate of 8% per annum, compounded half-yearly. He repays Rs 10320 at the end of the first year and closes the loan by paying the outstanding amount at the end of the third year. Then, the total interest, in rupees, paid over the three years is nearest toCAT 2019 Slot 1A person invested a total amount of Rs 151515 lakh. A part of it was invested in a fixed deposit earning 6%6\%6% annual interest, and the remaining amount was invested in two other deposits in the ratio 2:12: 12:1, earning annual interest at the rates of 4%4\%4% and 3%3\%3%, respectively. If the total annual interest income is Rs 760007600076000 then the amount (in Rs lakh) invested in the fixed deposit wasCAT 2018 Slot 1John borrowed Rs.2,10,0002,10,0002,10,000 from a bank at an interest rate of 10%10 \%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