Kamal took Rs. 6800 as a loan which along with interest is to be repai – McqOptions

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1.	Kamal took Rs. 6800 as a loan which along with interest is to be repaid in two equal annual installment. If the rate of interest is 12 1/2% compounded annually, then the value of each installment is = ?
A.	Rs. 8100
B.	Rs. 4150
C.	Rs. 4050
D.	Rs. 4000
Answer» B. Rs. 4150

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