A sum of Rs. 4,620 is to be paid back in 2 equal annual instalments. How much is each instalments (in Rs.) if the interest is compounded annually at 10% per annum?
A. 2,420
B. 2,552
C. 2,662
D. 2,750
Answer: Option C
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A. Rs. 120
B. Rs. 121
C. Rs. 122
D. Rs. 123
E. None of these
A. 625
B. 630
C. 640
D. 650
E. None of these
A. Rs. 2160
B. Rs. 3120
C. Rs. 3972
D. Rs. 6240
E. None of these
A. Rs. 2.04
B. Rs. 3.06
C. Rs. 4.80
D. Rs. 8.30
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