SSC SSC MTS & Havaldar Mock Test Series 2024 Quantitative Aptitude Interest Installments

Somaraj borrowed an amount of Rs.11,550 at an interest rate of 10% per annum, compounded annually. He paid the entire amount in two equal annual instalments. What is the value of each installment?

1
Rs.5775 
2
Rs.4455 
3
Rs.7755 
4
Rs.6655
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