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A man arranges to pay off a debt of ₹ 36...

A man arranges to pay off a debt of ₹ 36000 by, 40 annual instalments which form an AP. When 30 of the instalments are paid, he dies,we leaving one-third of the debt unpaid. Find the value of first instament.

A

Rs. 35

B

Rs. 50

C

Rs. 65

D

None of these

Text Solution

Verified by Experts

The correct Answer is:
C
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