Installments · UPSC CDS/OTA · Question 28 of 30

Installments – Question 28

Step-by-step solution. Installments for UPSC CDS/OTA.

Topic
Installments
Subject
Mathematics
Difficulty
Difficult
Solve Time
45–60 sec

Solved UPSC CDS/OTA Question

A solved UPSC CDS/OTA PYQ — decoded step-by-step.

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Q · InstallmentsDifficult · 45s

₹3,80,000 loan: EMI fixed using 9.25% p.a. for 36 months. After 18 EMIs, rate rises to 11.75% p.a. but EMI remains the same. Find **outstanding after 36th**.

TopicInstallments
Question Typemultiple choice
DifficultyDifficult
Marking+1 / −0.33
Test Duration30 min

Step-by-Step Solution

The complete worked solution.

Every step explained — no skipped algebra.

Compute B₁₈ at r₁; evolve 18 months at r₂ with same EMI ⇒ Balance ≈ ₹4587.80.

Final Answer: Option A — ₹4587.80
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Installments Question 28 – UPSC CDS/OTA