IIMB 2002 (QA) PYQs

Raj borrows Rs. $1500$ at $5\%$ compound rate of interest. At the end of each year, he pays back Rs. $500$. How much amount should he pay at the end of the third year to clear all his dues?(approximately)

P invested ₹1 crore for a period of 5 years. Q invested the same amount for the same period that yields 10% interest compounded annually. At the end of 5 years, P received ₹94,900 more than what Q did. What annual rate of simple interest had P received on his investment?

Raj takes a loan of Rs. $1500$ at a compound interest rate of $5\%$ per year. At the end of each year, he repays Rs. $500$. How much does he need to pay at the end of the third year to settle the remaining balance?(approximately)