1.

The price of a T.V. set worth Rs. 20000 is to be paid in 20 installments of Rs. 1000 each. If the rate of interest be 6% per annum, and the first installment be paid at the time of purchase, then the

Answer»

None of these



Money paid in CASH = RS. 1000

Balance payment = (20000 - 1000) = Rs. 19000



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