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Q:

What equal installment of annual payment will discharge a debt which is due as ₹ 848 at the end of 4 years at 4 % per annum simple interest? 

  • 1
    ₹ 250
  • 2
    ₹ 225
  • 3
    ₹ 212
  • 4
    ₹ 200
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Answer : 1. "₹ 250 "

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