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What equal annual installment will discharge a debt of Rs 1530, due in 2 years, at 4% simple interest?

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What equal annual installment will discharge a debt of Rs 1530, due in 2 years, at 4% simple interest?
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Practice the full set: Simple Interest: Formulas, Shortcuts and Solved Examples — MCQs with Answers (Set 1) (25 MCQs) →

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