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Banking Quantitative Aptitude Simple Interest Question Bank Simple Interest and Compound Interest

  • question_answer
    What annual installment will discharge a debt of Rs. 2360 due in 4 years, at 12% p.a. simple interest?

    A) Rs. 400

    B) Rs. 500

    C) Rs. 600

    D) Rs. 300

    E) Rs. 700

    Correct Answer: B

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