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| 1. |
Rekha borrowed a sum of Rs. 24,000 at 12% p.a. compound interest. interest compounded yearly, for 3 years. At the end of first year, she repays a sum of Rs. 6,880 and at the end of second year, she repays Rs. 5,400. What amount should she pay at the end of third year to discharge the loan? |
| A. | Rs. 19,180 |
| B. | Rs. 18,860 |
| C. | Rs. 19,040 |
| D. | Rs. 19,000 |
| Answer» D. Rs. 19,000 | |