Ask a Question
Question Asked by a Student from EXXAMM.com Team
Q 2918080809.     A man arranges to pay off a debt of Rs.3600 in 40 annual instalments which form an arithmetic series. When 30 of the instalments are paid he dies leaving one-third of the debt unpaid. Find the value of the first instalment.
(Provided By a Student and Checked/Corrected by EXXAMM.com Team)