1.

A sum of Rs. 8400 is taken as loan. This is to be paid in two equal instalments. If the rate of interest is 10% per annum compounded annually, then the value of each instalment is

A. Rs. 4200
B. Rs. 4480
C. Rs. 4840
D. None of the above
Answer» D. None of the above


Discussion

No Comment Found

Related MCQs