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ASHISH

· started a discussion

· 1 Months ago

incorrect answer (Question: 324114.0 )

how it is possible a annual instalment of Rs 100 discharge a debt of rs 580
, rs 100 five instalment make total rs 500, it is even not covering principle sum.???????????

Question:

What annual payment will discharge a debt of Rs.580 in 5 years, the rate being 8% p.a.

Options:
A)

120

B)

100

C)

80

D)

78

Solution:

Ans: (b)

  

Knowledge Expert

· commented

· 1 Months ago

Dear student
Given answer is correct
Please solve the Question carefully

Best wishes
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