"A man borrows Rs 4000 at 15% compound rate of interest. At the end of each year he pays back Rs
Channel: Doubtnut
Date: 2020-04-05

"A man borrows Rs 4000 at 15% compound rate of interest. At the end of each year he pays back Rs 1500. How much amount should be pay at the end of the third year to clear all his dues?(a) Rs 874.75 (b) Rs 824.50 (c) Rs 924.25 (d) Rs 974.25"