Question 65

A sum of Rs.1100 was taken as a loan. This is to be paid in two equal instalments. If the rate of interest is 20% per annum, compounded annually, find the amount payable in each instalment.


Create a FREE account and get:

  • Download RRB Study Material PDF
  • 45+ RRB previous papers with solutions PDF
  • 300+ Online RRB Tests for Free

cracku

Boost your Prep!

Download App