What annual installment will discharge a debt of Rs 1092 due in 3 years at 12% s

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Question

What annual installment will discharge a debt of Rs 1092 due in 3 years at 12% simple interest?

Options:

A . Rs.325

B . Rs.545

C . Rs.560

D . Rs.550

Answer: Option A
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!

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