Mathematics · Simple Interest
What annual installment will discharge a debt of Rs. 35,455 due in three years at 12% simple interest per annum, if the installments are paid at the end of each year? (Round off to the nearest rupee)
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 12,548
- 2Rs. 11,804
- 3Rs. 14,652
- 4Rs. 10,552✓
Correct answer
Rs. 10,552
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