Multiple Choice Questions on A man borrows a sum of Rs1 025 and pays back in two equal yearly instalments If the rate of interest........... for SSC CHSL Preparation

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Multiple Choice Questions

A man borrows a sum of Rs1 025 and pays back in two equal yearly instalments If the rate of interest...........

Quantitative Aptitude (CHSL) Compound Interest
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    A man borrows a sum of Rs1,025 and pays back in two equal yearly instalments. If the rate of interest is 5% p.a, compounded

    yearly, then how much is each instalments?

    This questions was previously asked in
    SSC CHSL 9th June 2022 Shift-3
    View All SSCCHSL Previous Year Papers

    Rs425.25

    Incorrect Answer

    Rs525.32

    Incorrect Answer

    Rs451.32

    Incorrect Answer

    Rs551.25

    Correct Answer
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    Explanation:

    Rs551.25

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