A builder borrows RS. 2550 to be paid back with compound interest at the rate of 4% per annum by the end of 2 years in two equal yearly installments. How much will each installment be? - Study24x7
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A builder borrows RS. 2550 to be paid back with compound interest at the rate of 4% per annum by the end of 2 years in two equal yearly installments. How much will each installment be?

A

Rs. 1352

B

Rs 1377

C

Rs. 1275

D

Rs. 1283

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