Mathematics · Simple Interest
What annual installment will discharge a debt of ₹2,360 due in four years at 12% per annum simple interest?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹1,000
- 2₹800
- 3₹500✓
- 4₹700
Correct answer
₹500
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