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Find the installment amount (in Rs.) if the amount of Rs.6250 is paid in 2 equal installments, each paid at the end of year with the simple interest rate of 20% for the 1st year and 10% for the 2nd year.

Answer» Find the installment amount (in Rs.) if the amount of Rs.6250 is paid in 2 equal installments, each paid at the end of year with the simple interest rate of 20% for the 1st year and 10% for the 2nd year.


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