A sum of ₹4,620 is to be paid back in 2 equal annual insta

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A sum of ₹4,620 is to be paid back in 2 equal annual instalments. How much is each instalment (in ₹) if the interest is compounded annually at 10% per annum?

[SSC CGL 13th April 2022 Shift-2 With Answers]

A

2,662

B

2,420

C

2,552

D

2,750

EXPLANATION

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