A man arranges to pay off a debt of Rs. 3600 by 40 annual installments which form an arithmetic series. When 30 of the i

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Q 2989601517.     A man arranges to pay off a debt of Rs. 3600 by 40 annual installments which form an arithmetic series. When 30 of the installments are paid, he dies leaving one third of the debt unpaid, find the value of the first installment.
A

Rs. 53

B

Rs. 54

C

Rs. 50

D

Rs. 51

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Solution
(Provided By a Student and Checked/Corrected by EXXAMM.com Team)

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