A man borrows ₹ $25000$ at $20 \%$ compound interest. At the end of every year he pays ₹ $5000$ as part repayment. How much (In ₹) does he still owe after three such instalments?
$25000$
$12864$
$15600$
None of these
If the compound interest on a certain sum of money for $3$ years at $5 \,%$ p.a. is $Rs. 504.40$ , find the corresponding simple interest. (In $Rs.$)
In how many years will ₹ $2,000$ yield ₹ $662$ as compound interest at $10 \%$ per Annum compounded annually?
How many statements are useful for find this :
What is the rate of interest percent $p.a.$?
$Statements:$
$I$. The difference between the compound interest and simple interest earned in two years on the amount invested is ₹ $100$.
$II$. The amount becomes ₹ $19,500$ in three years on simple interest.
$III$.The simple interest accrued in two years on the same amount at the same rate of interest is ₹ $3,000$.
What sum will amount (In ₹) to ₹ $15916.59$ in $3$ years at compound interest, the interest for first, second and third year being $3,2$ and $1$ per cent, respectively?
The difference between simple interest and compound interest compounded annually on a certain sum of money for $2$ years at $4 \%$ per annum is ₹ $1 .$ The sum (in ₹) is