SSC SSC CPO Mock Test Series 2025 (Tier I & II) (DP SI & CAPF) Quantitative Aptitude Interest Installments
Loan is to be repaid in two equal yearly instalments. If the rate of interest is 10% per annum, compounded annually, and each instalment is Rs.6,897, then find the total interest charged.
1
Rs.1,644
2
Rs.1,824
3
Rs.1,914
4
Rs.1,734