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Sidhant Kumar

· started a discussion

· 1 Months ago

Answer should be 330

Question:

What quarterly payment will discharge a debt of Rs.2280 due in two years at 16% per annum simple interest?

Options:
A)

Rs.500

B)

Rs.450

C)

Rs.550

D)

Rs.250

Solution:

Ans: (d)

  

Knowledge Expert

· commented

· 1 Months ago

Dear Student,
The given answer is correct.
Please solve carefully.

Thanks and Regards
Team TR

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