Surekha borrowed a sum of money and returned it in two equal instalments of Rs. 5,547 each. If the rate of interest was $$7\frac{1}{2}\% $$ p.a. compounded yearly, then the total interest paid by her was:
A. Rs. 1,144
B. Rs. 1,096
C. Rs. 1,126
D. Rs. 1,134
Answer: Option D
Related Questions on Compound Interest
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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