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  9. Q118

SSC CPO (SI in Delhi Police & CAPFs) 2023 · Question 118 of 377

Jonathan had borrowed a sum of money 3 years ago at 10% interest per annum compounded annually for a 5-year period, with the amount to be paid at the end of the period being ₹1,61,051. However, there is no pre-payment penalty and Jonathan has received some bonus payment now, with which he has decided to clear his debt. How much does Jonathan have to pay now to clear his debt?

not-specified

  1. A₹1,33,000
  2. B₹1,32,900
  3. C₹1,33,100Correct
  4. D₹1,33,200

Answer: C. ₹1,33,100

Official answer key verified. Detailed explanation coming soon.

Source: SSC CPO 2023 Paper-I (03-Oct-2023 Shift 1) candidate response sheet (evidyarthi mirror) + SSC CPO 2023 Paper-I (03-Oct-2023 Shift 1) solved paper with answer key (oswaal360) · reliable-secondary

← Q117View full paper (377 questions)Q119 →

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