Question
What annual installment will
clear a debt of ₹4,500 due in 5 years at 8% p.a. simple interest?Solution
ATQ, To calculate the annual installment that will clear a debt of ₹4,500 due in 5 years at 8% p.a. simple interest, we use the formula for the total amount payable with simple interest: Total Amount Payable=Principal+(Principal × Interest Rate × Time) In this case: Principal = ₹4,500 Interest Rate = 8% (0.08) Time = 5 years Calculating the total amount payable: Total Amount Payable=4,500+(4,500×0.08×5) Total Amount Payable=4,500+(4,500×0.40) Total Amount Payable=4,500+1,800 Total Amount Payable=6,300 Calculating the annual installment: 
Therefore, the annual installment that will discharge the debt of ₹4,500 due in 5 years at 8% p.a. simple interest is Rs. 1,260.
In each of the following number series, one term is wrong. Find the wrong term.
2, 6, 18, 54, 150, 486, 1458
- Find the wrong number in the given number series.
15, 23, 35, 51, 71, 85 91 96 105 121 143 176
8, 17, 35, 71, 143, 287
- Find the wrong number in the given number series.
118, 150, 178, 206, 238, 266 3, 15, 35, 63, 99, 143
- Find the wrong number in the given number series.
65, 78, 104, 141, 195, 260 Find the wrong number in the given number series.
45, 68, 39, 70, 27, 74
Find the wrong number in the given number series.
4, 8, 24, 84, 480, 2880
Find the wrong no in the given number series.
175, 319, 488, 694, 909, 1165
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