other govt exam BARC DAE Junior Purchase Assistant / Junior Storekeeper Mock Test Quantitative Aptitude Interest Installments
A sum is to be paid back in 2 equal annual installments. The interest is compounded annually at 2% per annum. If each installment be Rs. 25600 then what is the sum?
1
Rs. 26,484
2
Rs. 37,585
3
Rs. 63,547
4
Rs. 49,704