Mohan borrows Rs. 50,000 from a bank at 10% per annum. He repays Rs 25,000 at the end of each year. What amount does he owe to the bank after the second repayment?
Scholarship Test

Quiz
•
Professional Development
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Professional Development
•
Hard
Ravi Taori
Used 11+ times
FREE Resource
46 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Rs.10,000
Rs.8,000
Rs.12,000
Rs.18,000
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The useful life of a machine is estimated to be 10 years and cost Rs. 10000.
Rate of depreciation is 10% p.a. The scrap value at the end of its life is -
Rs. 3486
Rs. 4383
Rs. 3400
Rs. 10000
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Rs 200 is invested at the end of each month in an account paying interest of 6% per year compounded monthly. What is the future value of this annuity after 10TH payment?
Rs. 2044
Rs. 5000
Rs. 1200
None of these
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How many numbers greater than 2000 can be formed with the digits 1, 2, 3, 4, 5 ?
216
210
220
12440
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The first three terms of sequence when nth term t, is n2– 2n are
-1, 0, 3
1, 0, 2
-1, 0, -3
None of these
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the median for the following observations?
5, 8, 6, 9, 11, 4
6
7
8
None of these
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A starts from a point and walks 5 kms north, then turns left and walks 3 kms.
Then again turns left and walks 5 km. Point out the direction in which he is going now.
North
South
East
West
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