SOF IMO · Simple and Compound Interest · Quiz
5 real SOF IMO questions on Simple and Compound Interest. Instant scoring and solutions, no signup — see where you stand in ~3 minutes.
Question 1 of 5
HARDA man borrowed Rs 20000 from a bank at 8% per annum compound interest, compounded annually. He repaid Rs 10000 at the end of the first year. What amount should he pay at the end of the second year to clear the entire debt?