other govt exam BARC DAE Junior Purchase Assistant / Junior Storekeeper Mock Test Quantitative Aptitude Interest Installments
A person borrowed INR 105000 which is to be paid in two equal installments (every Months). How much is installment if interest compounded half yearly at 20% per annum?
1
INR 50000
2
INR 60000
3
INR 60500
4
INR 70000