Tagged: Bank PO/Clerical, Banking, RBI Assistant Prelims, RBI Exams
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Vijay took loan from Punjab National Bank for his 2 years course of MBA. He took loan of Rs. 15 lakhs such that he would be charged at 9% per annum at compound interest during his course and at 11% compound interest after the completion of course. He returned half of the amount which he had to be paid on the completion of his studies and remaining after 1 years. What is the total amount returned by Vijay ?
Options :-
- Rs. 1725429.25
- Rs. 1880168.25
- Rs. 1692347.75
- Rs. 1887346.75
- Rs. 1732168.5
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