Question

Amit want to buy a car of price 50000. Which is
also available at finance, down payment of
30000 and monthly installment of 1000 per
month for 2 year or 20000 down payment and
monthly installment of 1200 for 3 year. Amit
has 10000 with him, he borrowed 10000 from
his fried for 12 months, the rate of interest is
20% per annum. Amit has done this payment in
12 months in equal monthly installment.
If Amit borrowed 20000 from his friend for one-
year, rate of interest is 25% and he has to pay in
one year in equal monthly installment.
If Mr. Amit pays 20000 as down payment and
1200 per month for 3 year. What will be the rate
of interest on borrowed amount?​

Answer 1

Answer: make it branilest answer

43,000

Explanation:

1200 × 12×3 =

1200 × 36 =

43,200

Answer 2

Answer:

43,000

Explanation:

I hope it will help you