Solved UPSC CDS/OTA Question
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Q · InstallmentsDifficult · 45s
A sum of 210 was taken as a loan. This is to be paid back in two equal installments. If the rate of interest be 10% compounded annually, then the value of each instalment is
TopicInstallments
Question Typemultiple choice
DifficultyDifficult
Marking+1 / −0.33
Test Duration30 min
Step-by-Step Solution
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Final Answer: Option B - 121