Question

A debt of rupees 12960 at 10% simple interest is paid back in 4 equal annual installment what is the amount of each installment

Answer 1

Answer:

The debt is of rupees 12960 simple interest is 10% and the time period is of 4 years

Step-by-step explanation:

Divide the debt 12960 by 4 and add a simple interest of 1296 to it

Then by amount wach installmemt is 4536

Answer 2

here you go your answer is 4536