a man bought a television set on hire purchase for 25000 naira out of which he pay 10000 naira if he's allowed to pay the balance in 8 equal installments find the value of each installment
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Step-by-step explanation:
Price of television = N25,000
Paid = N10, 000
Remainder = N(25,000 - 10,000)
= N15,000
Eight equal installments = 15,000/8
= N1,875 per installment.
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