A microwave oven was purchased by paying a cash down payment of ₹2800 along with 2 equal annual instalment of ₹2420 each. If the rate of interest charged under the instalment plan was 10% p.a. compounded annually. Find the cash price of the article.
Answers
Answered by
1
2*2420=4840
4840+2800=7640
sp=7640
4840+2800=7640
sp=7640
Answered by
0
Answer:
I want the full detailed answer
Similar questions