Discharge of debt of rs 770 in 5 years at the rate of 5% simple interest per annum. What will be the annual installment
Answers
Answered by
0
Answer:
192.50
Step-by-step explanation:
p=770
t=5% simple interest
r=5 years
S.I=PTR/100
=770×5×5/100
=192.50
amount=770+192.50
=962.50
time=5years
annual instalment=962.50/5
=192.50
hence the answer.
Answered by
0
Answer:
192.50
Step-by-step explanation:
p=770
t=5% simple interest
r=5 years
S.I=PTR/100
=770×5×5/100
=192.50
amount=770+192.50
=962.50
time=5years
annual instalment=962.50/5
=192.50
hence the answer.
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