CAT (QA) PYQs

A 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, is

Veeru invested Rs 10000 at 5% simple annual interest, and exactly after two years, Joy invested Rs 8000 at 10% simple annual interest. How many years after Veeru's investment, will their balances, i.e., principal plus accumulated interest, be equal?

Anil invests some money at a fixed rate of interest, compounded annually. If the interests accrued during the second and third year are $₹ 806.25$ and $₹ 866.72,$ respectively, the interest accrued, in INR, during the fourth year is nearest to