what annual installment will discharge a debt of rs 1092 due in, Simple Interest, General Mathematics

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

Answer Let each installment be Rs. x. then

`(x + (x xx 12 xx 1)/(100)) + (x + (x xx 12 xx 2)/(100)) + x`

`= 1092`

`or (28x)/25 + (31x)/25 + x`

`= 1092 or (28x + 31x + 25x)`

`= (1092 xx 25)`

`or x = ((1092 xx 25)/(84))`

`= 325.`

:. Each installment = Rs. 325

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

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

Answer Let each installment be Rs. x. then `(x + (x xx 12 xx 1)/(100)) + (x + (x xx 12 xx 2)/(100)) + x` `= 1092` `or (28x)/25 + (31x)/25 + x` `= 1092 or (28x + 31x + 25x)` `= (1092 xx 25)` `or x = ((1092 xx 25)/(84))` `= 325.` :. Each installment = Rs. 325