Solved UPSC CDS/OTA Question
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Q · InstallmentsModerate · 45s
In an **equal principal** 6‑year plan at 9% p.a., the **first installment** is ₹29,500. Find the principal.
TopicInstallments
Question Typemultiple choice
DifficultyModerate
Marking+1 / −0.33
Test Duration30 min
Step-by-Step Solution
The complete worked solution.
Every step explained — no skipped algebra.
First = P/6 + 0.09P ⇒ P(1/6+0.09)=29500 ⇒ P ≈ ₹114935.06.
Final Answer: Option A — ₹114935.06