Simple Interest & compound interest 2

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lav: Master | Next Rank: 500 Posts; Posts: 116; Joined: Wed Feb 18, 2009 4:06 am; Thanked: 6 times

by lav » Sat Aug 08, 2009 12:06 am

What annual payment will discharge a debt of Rs 808 due in 2 years at 2% per annum ??
a) 200 b) 300 c) 400 d) 350

my ans was 420 .. that not in options

OA after some discussion !!

Kid in Verbal

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Source: Beat The GMAT — Problem Solving | Sat Aug 08, 2009 12:06 am

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