Teaching Rajasthan 3rd Grade REET Mains (Level I & II) Mock Test Quantitative Aptitude Interest Compound Interest
Tina takes a loan of Rs. 19875 at 12% p.a. compounded annually which is to be repaid in two equal annual instalments. First at the end of one year and the other at the end of the second year. The value of each instalment.
1
Rs. 11560
2
Rs. 11760
3
Rs. 12658
4
Rs. 13690