A builder plans to sale of flats each for Cash Rs. 30,00,000 or Rs. 10,31,600 cash down payment and three equal quarterly instalments. If the rate of the interest is 10% per annum compounded quarterly, compute the value of each instalment under the instalment scheme. Also find the total interest.
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answer is
1. 393660 rupees
2.166480 rupees
1. 393660 rupees
2.166480 rupees
cn u plz show the procedure as well
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