Loan repaid in instalments under compound interest
CAT has tested this idea 3 times across 3 papers, from 2018 to 2025. Solve one, and the others are the same method with different numbers or wording, which is why repeated concepts are the most efficient thing to practise.
| Question | What it asks | Answer |
|---|---|---|
| CAT 2025 Slot 2 · QA Q18 | 1000 repaid by 530 and 594; find rate | A |
| CAT 2018 Slot 1 · QA Q15 | two equal annual instalments at 10%; find instalment | 121000 |
| CAT 2023 Slot 2 · QA Q12 | half-yearly compounding; part repaid after year 1 | B |
Part of Interest (19 questions since 2017).