BANK Central Bank of India Apprentice Topic Tests 2023 Quantitative Aptitude Interest Installments

What annual installment will discharge a debt of Rs.3920 in four equal installments at the rate of 15% p.a. on simple interest annually ?

1
Rs. 600
2
Rs. 750
3
Rs. 900
4
Rs. 800
5
Rs. 1000
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