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Vijay Sharma

· started a discussion

· 1 Months ago

CAN SOMEONE EXPLAIN IT (Question: 269932.0 )

Please explain it using unitary method

Question:

A man buys a motorbike on making a cash down payment of Rs. 32448 and promises to pay two more yearly instalments of half of the same amount in next two years. If the rate of interest is 4% per annum, compounded yearly, the cash value of the motorbike is –

Options:
A)

Rs.63048

B)

Rs.46824

C)

Rs.64048

D)

Rs.65048

Solution:

Ans: (a)

  

Pravesh Vats

· commented

· 1 Months ago

unitary is linear ....this is not

SURENDRA SANKHLA

· commented

· 1 Months ago

from R=4% we get 26/25

32448 + (16224*25/26=15600) + (16224*625/676 =15000) =63048
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