What annual installment under simple interest will discharge a debt of ?66,000 due in 3 yrs at 10% p.a. if installments are paid at the end of the year?

ICSE Class 9 Answered

What annual installment under simple interest will discharge a debt of ?66,000 due in 3 yrs at 10% p.a. if installments are paid at the end of the year?

Asked by aastharoy997 | 07 Mar, 2020, 12:53: PM

Expert Answer

Let the annual installment be Rs. x.

According to the conditions, we have

Error converting from MathML to accessible text.

Answered by Yasmeen Khan | 09 Mar, 2020, 11:06: AM

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ICSE Class 9 Answered

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ICSE Class 9 Answered

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