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Himanshu Kushwaha

· started a discussion

· 1 Months ago

installments debt related (Question:214597.0)

please provide video solution

Question:

If the installments are paid at the end of every year, what annual payment will discharge a debt of Rs. 7,200 due in 3 years at 20% per annum simple interest?

Options:
A) Rs. 1500
B) Rs.  1800
C) Rs. 2000
D) Rs. 2250
Solution:
Ans: (c)


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