MCQOPTIONS
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| 1. |
A sum of Rs. 210 was taken as a loan. This is to be paid back in two equal installments. If the rate of the interest be 10% compounded annually, then the value of each installment is: |
| A. | Rs. 121 |
| B. | Rs. 127 |
| C. | Rs. 210 |
| D. | Rs. 225 |
| Answer» B. Rs. 127 | |