Mathematics · Simple Interest
What equal annual installment will discharge a debt of ₹820 due in 2 years at 5% per annum simple interest?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹420
- 2₹390.25
- 3₹410
- 4₹400✓
Correct answer
₹400
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