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Reported Question / Answer
Q.) The price of a T.V set worth Rs. 20,000 is to be paid in 20 instalments of Rs. 1000 each. If the rate of interest be 6% per annum, and the first instalments be paid at the time of purchase, then the value of the last instalments covering the interest
1)
Rs. 2050
2)
Rs.1050
3)
Rs. 19000
4)
Rs. 3000
5)
NULL
Answer :
3
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