state gov Rajasthan Gram Vikas Adhikari (VDO) Mock Test 2021 Quantitative Aptitude Interest Installments
A loan has to be returned in two equal yearly instalments each of Rs. 44,100. If the rate of interest is 5% p.a compounded annually, the total interest paid is:
1
Rs. 6,000
2
Rs. 6,280
3
Rs. 5,840
4
Rs. 6,200