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14. Ram Singh bought a refrigerator for 74000 on credit.The rate of interest for the first year is 5% and for thesecond year is 15%. How much will it cost hirn if hepays the amount after two years?rs |
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Answer» for the first year interest is 4000×(5÷100)=200interest for the second year is 4000×(15÷100)=600.: Total cost after two years= 4000+600+200= Rs 4800. |
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