A

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Q. A sum of Rs. 210 was taken as a loan. This is to be paid back in two equal installments. If the rate of the interest be 10% compounded annually, then the value of each installment is:

  • (A) Rs. 121
  • (B) Rs. 127
  • (C) Rs. 210
  • (D) Rs. 225
  • Correct Answer - Option(A)
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