IBPS
Government Jobs Exams
Numerical Ability
Simple & Compound Interest
Rakesh borrowed a sum of Rs. 35490 from a bank as a loan. He promised to pay it back in three equal installments. If the rate of interest is 100/7% per annuum compounded annually, then find out his installment?
A) Rs. 12430 B) Rs. 15360 C) Rs. 18270 D) Rs. 13240 E) Rs. 14520
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