Business Studies, asked by ankittiwari2872, 11 months ago

A pressyre cooker is available for 250 rupee cash or 100 cash down payment followed 165 rupee after 6 month .Find the the rate of interest charged under the installment plan

Answers

Answered by aindira727
0

Answer: 6%

Explanation:

Original cost = 250

New cost = 100 + 165 = 265

Difference in cost = 265 - 250 = 15

Interest calculated on original cost, 250.

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