General
Maths Puzzle
General Ability
Samsung mobile phone is available for Rs.2500 cash or Rs.520 cash down payments followed by equal installments.If the rate of interest charged is 25% per annum simple interest,calculate the monthly installment
Option
A)Rs.520
B)Rs.480
C)Rs.550
D)None of these
Read Solution (Total 2)
-
- answer in installment is 520 as per the data given in the question directly
- 9 years agoHelpfull: Yes(0) No(1)
- AMOUNT = 1980 + 1980 * 4*25/12*100 = 2145
INSTALLMENTS: =
4 + 25 (1+2+3)
......
12*100
4 + 25*6/12*100
4 + 25/200 = 825/200 = 33/8
33/8 = 2145
1 = 520
- 8 years agoHelpfull: Yes(0) No(0)
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