CampusFin

A man borrows Rs 2550 to be paid back with compound interest at 4% per annum in 2 equal yearly installments. What is the value of each installment?

Review the verified answer and explanation for this ASF Airports Security Force past-paper question on CampusFin.

A man borrows Rs 2550 to be paid back with compound interest at 4% per annum in 2 equal yearly installments. What is the value of each installment? Answer: Rs 1352

Question context

This question is part of 📏 Arithmetic Aptitude within the broader 🧠 Aptitude Mastery subject and appears in the ASF Airports Security Force preparation collection. Reviewing the answer together with nearby questions helps reinforce the underlying concept and identify how it may appear in competitive exams.