state gov DSSSB Junior Assistant, Steno and LDC Mock Test 2023 - 24 Quantitative Aptitude Interest Installments
An amount of Rs. 25,200 was taken as a credit. This was to be repaid in two equivalent instalments. If the rate of interest be 10% per annum, compounded annually, find the value of each instalment.
1
Rs. 14,950
2
Rs. 14,520
3
Rs. 15,125
4
Rs. 13,250