26. What annual payment will discharge a due debt
of Rs. 944 in 4 annual installment at the rate
of 12% p.a, on SI.
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answer: 200Rs
explanation: Let the annual installment b Rs.x . Then
[x+{x X 3 X 12/100}] +[x+{x X 2 X 12/100}]+[x+x X 1 X 12/100}]+x=944
[x+9 x/25] + [x+6 x/25]+[x+3 x/25]+x=94434
34 x/25 +31 x/25+28 x/25 + x =944
34 x/25 + 31 x/25 + 28 x/25 +25 x/25=944
118 x/25 = 944
x = 944 x 25/118 = 8 x 25 = Rs.200
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