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Sumeet Kundu

· started a discussion

· 1 Months ago

OMG

Question:

A bike is sold by TVS agency for Rs.19,200 cash or for Rs.4,800 down payment together with five equal monthly installments.  If the rate of interest charged by the company is 12% per annum, find each installment.

Options:
A) Rs.2240.70
B) Rs.2470.50
C) Rs.2560.50
D) Rs.2964.70
E) None of these
Solution:

Knowledge Expert

· commented

· 1 Months ago

Dear student,Please post your doubt clearly so that we can fix your issue. Keep learning with us. Regards, Team TR

Knowledge Expert

· commented

· 1 Months ago

Dear student,Please post your doubt clearly so that we can fix your issue. Keep learning with us. Regards, Team TR

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