CATArithmetic > Medium20860208082048020640✅ Correct Option: 2Related questions:2025 Slot 2A loan of Rs 1000 is fully repaid by two installments of Rs 530 and Rs 594, paid at the end of first and second year, respectively. If the interest is compounded annually, then the rate of interest, in percentage, isCAT 2024 Slot 1An amount of Rs 10000 is deposited in bank A for a certain number of years at a simple interest of 5% per annum. On maturity, the total amount received is deposited in bank B for another 5 years at a simple interest of 6% per annum. If the interests received from bank A and bank B are in the ratio 10 : 13, then the investment period, in years, in bank A isCAT 2020 Slot 2For the same principal amount, the compound interest for two years at 5%5\%5% per annum exceeds the simple interest for three years at 3%3\%3% per annum by Rs. 112511251125. Then the principal amount in rupees is