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magicman_vj

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  1. The answer is Rs 325. Thanks a ton LOCK.. Really appreciate your explanation. Do u suggest any material to refer to get more clarity on Installments based questions?
  2. Q- What annual installment will discharge a debt of 1092 due in 3 years at 12% Simple Interest? Solution says: {x + x*12*1/100} + {x + x*12*2/100} + x = 1092 Find the value of x which is the annual installment. Could someone please help me understand the concept of above problem. I checked with many people but cudnt get the exact explanation.:rolleyes: Thanks in advance..[clap]
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