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Two equal annual instalments at compound interest: instalment or total interest

This type of question, asked 3 times: 15 Nov 2020 Tier II, 29 Jan 2022 Tier II, 7 Mar 2023 Tier II. All 3 questions below, oldest first.

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  1. Question 1

    15 Nov 2020 Tier II

    96
    Surekha borrowed a sum of money and returned it in two equal annual instalments of ₹5,547 each. If the rate of interest was 712%7\frac{1}{2}\% p.a. compounded yearly, then the total interest paid by her was:

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  2. Question 2

    29 Jan 2022 Tier II

    31
    A loan is to be returned in two equal yearly instalments. If the rate of interest is 10% p.a. compounded annually and each instalment is ₹5,808, then 60% of the total interest (nearest to a ₹) charged in this scheme is:

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  3. Question 3

    7 Mar 2023 Tier II

    26
    Rajnish borrowed ₹1,500 from a bank and repaid the entire amount with interest in two equal annual instalments, the first instalment being paid a year after Rajnish borrowed from the bank. If the rate of interest was 40% per annum, compounded annually, then what was the value (in ₹) of each instalment paid by Rajnish?

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