Examveda
Examveda

A loan is to be returned in two equal yearly instalments. If the rate of interest is 10% p.a. compounded annually and each instalment is Rs. 5,808, then 60% of the total interest (nearest to a Rs.) charge in this scheme is:

A. 917

B. 922

C. 913

D. 911

Answer: Option B


This Question Belongs to Arithmetic Ability >> Compound Interest

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