AAI ATC Junior Executive 21 Feb 2023 Shift 2 Paper

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Question : 39 of 120

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Rashid borrowed a sum of Rs. 30,240 at 10% p.a., interest compounded annually. If the amount is to be paid back in two equal annual installments, then the interest paid by him is:

Rs. 4,608
Rs. 4,590
Rs. 4,518
Rs. 4,600

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