railway DFCCIL MTS 2025 Mock Test Series Quantitative Aptitude Interest Installments

A Rs. 2,550 loan will be repaid in two equal half-yearly instalments. What is the amount of each instalment if the interest is compounded half-yearly at an annual rate of 8%?

1
Rs. 1,352
2
Rs. 1,500
3
Rs. 2,550
4
Rs. 1,275
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