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Anand has to pay Rs. 220 to Babita after 1 year. Babita asks Anand to pay Rs. 110 in cash and defer the payment of Rs. 110 for 2 years to which Anand agrees. If the rate of interest be 10% per annum in this mode of payment, then Anand stands to a:

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Anand has to pay Rs. 220 to Babita after 1 year. Babita asks Anand to pay Rs. 110 in cash and defer the payment of Rs. 110 for 2 years to which Anand agrees. If the rate of interest be 10% per annum in this mode of payment, then Anand stands to a:






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