A person bought a house paying ₹ 20,000 cash down and ₹ 4,000 at the end of each year for 25 yrs. at 5% p.a. C.I. The cash down price is[ Given…
CA Foundation · Quantitative Aptitude · MTP · January 2025
A person bought a house paying ₹ 20,000 cash down and ₹ 4,000 at the end of each year for 25 yrs. at 5% p.a. C.I. The cash down price is[ Given (1.05) 25 = 3.386355]
Suggested Answer and Working Notes:
Correct Answer: Option (C)
C. ₹ 76,375.80
Topics: Part-A: Business Mathematics
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