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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 what will be the value of each installment?
Rs. 121
Rs. 127
Rs. 210
Rs. 225
Rs. 121
Practice and solve "A sum of Rs. 210 was taken as a loan. This is to be paid back in two equal installments. If the rate..." for Electrical - Economics for Engineers. The correct answer is Option A: Rs. 121. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Option **(a) **