Mathematics · Simple Interest
What quarterly payment will discharge a debt of Rs. 2,280 due in two years at 16% p.a. simple interest?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 450
- 2Rs. 360
- 3Rs. 250✓
- 4Rs. 200
Correct answer
Rs. 250
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