UPSC CDS/OTA
Installments
Mathematics
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Installments

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Questions
30
Time
30 min
Marks
30
Solutions
All inline
Q1A loan of ₹3,25,000 is to be repaid in 30 equal monthly installments at 13.5% p.a. (compounded monthly). Find the EMI.DifficultSolve →Q2An EMI of ₹11,800 is paid for 48 months at 11.5% p.a. (monthly compounding). Find the principal.DifficultSolve →Q3₹4,20,000 is repaid by 36 equal EMIs of ₹19,500 (monthly comp.). Find the annual rate (approx).DifficultSolve →Q4How many months to clear a ₹2,75,000 loan by EMIs of ₹13,200 at 12.25% p.a. (monthly comp.)?ModerateSolve →Q5₹1,80,000 is repaid in 6 equal **annual principal** installments at 11% p.a. (simple on outstanding). Find the **first** installment.ModerateSolve →Q6Under the same terms as Q₅, find the **last** installment.ModerateSolve →Q7A loan of ₹65,000 is repaid by two equal **annual** installments at 14% p.a. (interest on outstanding). Find each installment.ModerateSolve →Q8₹1,40,000 is to be repaid in 8 **quarterly** installments at 9.5% p.a. (quarterly comp.). Find each installment.ModerateSolve →Q9A gadget costs ₹2,75,000. Pay ₹55,000 upfront and finance the rest for 24 months at 12.75% p.a. (monthly). Find the EMI.EasySolve →Q10₹3,60,000 at 11.5% p.a. (monthly comp.). If standard EMI is used but you pay a **balloon** after 18 EMIs to close the loan, find the balloon amount.DifficultSolve →
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