Q. 65.0( 1 Vote )

The cost of a din

Answer :

Cost price of dining table = 8,400

No. of installments = 10


So, n = years


Rate of Interest = 5%


Interest = p× N ×


= × 8,400 ×


= 350


Total amount to be paid = interest + cost price


= 350 + 8,400


= 8,750


E.M.I =


=


= 875


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