What annual instalment will discharge a debt of ₹26,160 due in 4 years at 6% simple interest per annum?

Question

What annual instalment will discharge a debt of ₹26,160 due in 4 years at 6% simple interest per annum?

Options

A.

₹4,500

B.

₹5,500

C.

₹6,000

D.

₹5,800

instalmentsimple interestdebtannual paymentssc 2024

Solve This Question

Get instant feedback with detailed step-by-step solution

Start Solving →