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CAT Exam Model Paper 3 with solutions for free online practice

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Question : 99

Total: 100

Satyam took loan from IDIDI Bank for his 2 years course of MBA at IMD. He took the loan of ₹ 6 lakh such that he would charged at 8% per annum at Cl during his course and at 10% Cl after the completion of course. He returned half of the amount which he had to be paid on the completion of his studies and remaining after 2 years. What is the total amount returned by Satyam?

₹ 7.73323 lakh
₹ 7.58 lakh
₹ 7.336 lakh
None of these

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