A: A = 1092(21/3). PI = 325. The answer is (C).
Answer the following multiple choice question with options (a), (b), (c), (d), (e) by reasoning step-by-step.
Q:What annual installment will discharge a debt of Rs. 1092 due in 3 years at 12% simple interest? Answer Choices: A)315 B)345 C)325 D)335 E)None of them