What annual instalment (in Rs.) will discharg | vedclass

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(D) Let the annual instalment be $A$.The formula for the annual instalment to discharge a debt $P$ in $T$ years at $R \%$ simple interest is given by:

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$325$

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(D) Let the annual instalment be $A$.The formula for the annual instalment to discharge a debt $P$ in $T$ years at $R \%$ simple interest is given by:$A = \frac{100 P}{100 T + \frac{R T (T - 1)}{2}}$Given:$P = 1092$$T = 3$$R = 12$Substituting the values into the formula:$A = \frac{100 	imes 1092}{100 	imes 3 + \frac{12 	imes 3 	imes (3 - 1)}{2}}$$A = \frac{109200}{300 + \frac{12 	imes 3 	imes 2}{2}}$$A = \frac{109200}{300 + 36}$$A = \frac{109200}{336}$$A = 325$Thus,the annual instalment is $Rs. 325$.

What annual instalment (in $Rs.$) will discharge a debt of $Rs. 1092$ due in $3$ years at $12 \%$ simple interest?

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