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Simple Interest & compound interest 2

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Simple Interest & compound interest 2

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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