RRB RPF RPSF SI and CONS Model Papers 4 with solutions

(2) Amount at the end of 1 year = 50000 × 1.2 = ₹ 60,000
Amount to be paid after paying 1st instalment = 60000 – 15000 = ₹ 45,000
Amount at the end of 2nd year = 45000 × 1.2 =₹ 54,000
Amount to be paid after paying 2nd installment = 54000 – 15000 = ₹ 39,000
Amount at the end of 3rd year = 39000 × 1.2 = ₹ 46,800
∴ Amount to be paid at the end of 3rd year = ` 46,800