Explanation
We use the formula for equal annual installments under compound interest:
Let the installment be Rs. x
Principal (P) = ₹2550
Rate (R) = 4% = 0.04
Time (T) = 2 years
Installments are paid at the end of each year.
Using the formula for compound installment repayment:
Substitute values:
Take LCM or solve directly: