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Mr. Britto deposits a certain sum of mon...

Mr. Britto deposits a certain sum of money each month in a Recurring Deposit Account of a bank. If the rate of interest is of 8% per annum and Mr. Britto gets Rs 8,088 from the bank after 3 years, find the value of his monthly instalment.

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The correct Answer is:
`₹ 200`
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