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question from Simple Interest - Mathematics?

This is a discussion on question from Simple Interest - Mathematics? within the Numerical Ability forums, part of the Freshers Zone category; An amount of Rs.12820 due 3 years hence,is fully repaid in 3 annual instalments starting after 1 year . The ...


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Old 08-28-2007, 01:34 AM
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Default question from Simple Interest - Mathematics?
An amount of Rs.12820 due 3 years hence,is fully repaid in 3 annual instalments starting after 1 year . The first instalment is 1/2 of the second instalment & the second instalment is 2/3 of the third instalment . If the rate of interest is 10% per annum,find the first instalment .Answer----Rs.2000..HOW.???...
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Old 08-28-2007, 01:34 AM
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I advice that simple question like this class work be treated as such if there are other questions that may need public attention then bring it here
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