1.

A sonata watch is sold for600cash or for 300cashdown payment together with360 to be paid after Twomonth. Find the rate of in-terest charged in the install-ment scheme :​

Answer»

ANSWER:

TOTAL installment=720-200=520

Step-by-step EXPLANATION:

cp=600          cap=400

balance due=600-400=200

total payment=360*2=720

total installment=720-200=520

hope it HELPS you



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