A loan is to be returned in two equal yearly instalments. If the rate of interest is 10% p.a., compounded annually, and each instalment is Rs. 5,808, then the total interest charged in this scheme is:

1
Rs. 1,536
2
Rs. 1,632
3
Rs. 1,602
4
Rs. 1,563

Sponsored

hivanix.in

Visit

This quiz is brought to you by hivanix.in

🌐 Web App Development

Quick Navigation