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ajin

· started a discussion

· 1 Months ago

Solution needed (Question: 361314.0 )

Enthado nannavathe... Ulupundodo

Question:

A sum of Rs.13,360 was borrowed at  834%    per annum compound interest and paid back in two years in two equal annual installment. What was the amount of each installment ?

Options:
A)

Rs.5,769

B)

Rs.7,569

C)

Rs.7,009

D)

Rs.7,500

Solution:

Ans: (b) Rs.7,569

Mohisin khan

· commented

· 1 Months ago

Yet to be approved!
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