Question

A sum of 10000 was taken on loan this is to be repaid into five equal annual installments if the rate by simple interest be 20./. annually then the value of each installment is

Answer 1

Step-by-step explanation:

this is the answer of your questions

Answer 2

Answer:

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Step-by-step explanation:

si=p x r x t /100

10000 = p x 20 x 50/100

10000 x 100/20*50=p

1000=p