A scooty is sold by an automobile agency for rs. 19200 cash or for rs. 4800 cash down payment together with five equal monthly instalments. If the rate of interest charged by the company is 12% per annum find each instalment. (a) rs. 2534.60 (b) rs. 2964.70 (c) rs. 2436.50 (d) rs. 2322.30
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it is an easy question u can do it . jst need to apply the formulae
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