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Answer: C. ₹1100

Answer: (C) ₹1100

Instalments paid at the end of years 1, 2 and 3 earn interest for 2, 1 and 0 years until the due date.

So 3x + x × \(\frac{10}{100}\) × (2 + 1 + 0) = 3630, i.e. 3.3x = 3630 and x = ₹1100.

Trap: 3630 ÷ 3 = ₹1210 ignores the interest.

Doubtly AI · 27 Oct 2026 AI-generated · not yet verified Report
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