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The cost of a computer is20,000. The company offers it in 36 months, butcharges 10% interest. Find the monthly instalment the purchaser has to pay. |
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Answer» Cost of computer=₹20000Interest=₹(10/100)*20000=₹2000Total cost of computer=₹20000+₹2000=₹22000 Total months of installments=36Installment per month=₹22000/36=₹611.1 this is not a correct answer |
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