What annual instalment will discharge a debt of Rs.9,600 due

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M: +2.00/-0.50

What annual instalment will discharge a debt of Rs.9,600 due in 5 years at 10% simple interest?

[SSC CGL 7th Dec 2022 Shift-3 With Answers]

A

Rs.1450

B

Rs.1550

C

Rs.1500

D

Rs.1600

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