A sum of Rs 2310 is to be paid in two equal annual instalments. How much is each instalment if the interest is compounded annually at 10%? Options: A . &nbspRs 1331 B . &nbspRs 1441 C . &nbspRs 1551 D . &nbspRs 1661

A sum of Rs 2310 is to be paid in two equal annual instalments. How much is e

Question

A sum of Rs 2310 is to be paid in two equal annual instalments. How much is each instalment if the interest is compounded annually at 10%?

Options:

A . Rs 1331

B . Rs 1441

C . Rs 1551

D . Rs 1661

Answer: Option A

Submit Your Solution Below and Earn Points !

Next Question

Question 1. A sum of money borrowed at 5% per annum compound interest is paid back in three equal annual instalments. If each ins....each instalment is of Rs 18,522, the sum borrowed is

Question 2. A sum of money is borrowed and paid back in two equal annual instalments of Rs 882 each allowing 5% p.a. compound int....allowing 5% p.a. compound interest. What is the sum borrowed?

Question 3. Sunder borrowed money and returned it in 3 equal quarterly instalments of Rs 17576 each. What sum had he borrowed if ....if the rate of interest was 16% p.a. compounded quarterly?

Question 4. A loan of Rs 8400 is to be paid in two equal half-yearly instalments, the interest being charged at 10% per annum com....at 10% per annum compounded half-yearly. Find each instalment (approx.).

Chapter 1 - GLOBAL STEEL SCENARIO & INDIAN STEEL INDUSTRY Part 1 : (13-04-2024) INDUSTRY AND COMPANY AWARENESS (ICA)

Direction Sense Test Part 1 Reasoning (Hindi)

Chapter 1 - RMHP / OHP / OB & BP Part 1 : (14-02-2024) GPOE

Cube & Cuboid Part 1 Reasoning (Hindi)

Data Interpretation (DI) Basic Concept Reasoning (Hindi)

Counting Figures Part 1 Counting Of Straight Lines Reasoning (Hindi)

Sail E0 free webinar Webinars

Real Numbers Part 7 Class 10 Maths

Real Numbers Part 1 Class 10 Maths

Polynomials Part 1 Class 10 Maths

Pie Chart - Test Paper 1 Data Interpretation Reasoning & DI

Tabulation - Test Paper 2 Data Interpretation Reasoning & DI

Test Paper 1 Direction Sense Test Reasoning & DI

ICA , RDIC,GFM Free Modal Test Paper - Non - Technical Branch Old Syllabus 2022 - SAIL Junior Officer E0

GFM Combined 1 Free Revision Test SAIL JO E-0