Mathematics · Simple Interest
Vikas borrowed Rs. 6,450 at 5% simple interest repayable in four equal annual instalments. What will be the annual instalment payable by him?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 2,100
- 2Rs. 2,000
- 3Rs. 1,800✓
- 4Rs. 2,200
Correct answer
Rs. 1,800
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