1.

A cycle can be purchased on cash payment of Rs. 1500 but the same cycle can also be purchased on the cash down payment of Rs. 350 and rest can be paid in 3 equal annual installment of Rs. 400 for next 3 months. Find rate of S.I.?

Answer»

a. `23 (9)/17%`
b `17(9)/23%`
C. `(80)/3%`
d. NONE of these

Answer :D


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