CHSL 21 27-05-2022 Shift 1


Question 1

A loan is to be repaid in two equal yearly instalments. If the rate of interest is 10% per annum, compounded annually, and each instalment is ₹6,897, then find the total interest charged.
एक ऋण को दो समान वार्षिक किस्तों में चुकाया जाना है। यदि ब्याज की दर 10% वार्षिक है, जो वार्षिक रूप से चक्रवृद्धि होती है और प्रत्येक किस्त ₹6,897 की है, तो लिया जाने वाला कुल ब्याज ज्ञात कीजिए।

Options

A

₹1,914

₹1,914

B

₹1,824

₹1,824

C

₹1,734

₹1,734

D

₹1,644

₹1,644


Solution:

Correct Answer:

B

₹1,824

₹1,824


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