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Q:

Surekha borrowed a sum of money and returned it in two equal annual instalments of ₹5,547 each. If the rate of interest was $$7{1\over 2}\%$$ p.a. compounded yearly, then the total interest paid by her was:

  • 1
    ₹1,144
  • 2
    ₹1,096
  • 3
    ₹1,126
  • 4
    ₹1,134
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Answer : 4. "₹1,134"

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