Mathematics · Simple Interest

What annual installment will discharge a debt of ₹924 due in 3 years at 12% simple interest?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1₹276
2₹275✓
3₹278
4₹277

Correct answer

₹275

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What annual installment will discharge a debt of ₹924 due in 3 years at 12% simple interest?

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