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Aman

· started a discussion

· 1 Months ago

how exactly does 30 instalments of rs51 (30x51=1530) pay off a debt of 2400 +interest thereon.
instalment has to be more than 90

Question:

A man arranges to pay off a debt of Rs.3600 by 40 annual installments when 30 installments are paid, he dies leaving one-third of the debt unpaid, find the value of installment?

Options:
A)

50

B)

150

C)

151

D)

51

Solution:

Ans: (d)

  

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