Math, asked by Tiwariuday65, 1 year ago

An iron is bought for cash price or down payment of rupees 210 and 2 equal monthly instalments of ruppee 220 each. If the rate of interest is 20% annually then find the cash price of the iron

Tiwariuday65: Anyone plz help me

Answers

Answered by adityakute1817

Let the cash price be x Then down payment =210 Balance to paid in instalments =×-210 20%is rate of interest The customer has to pay rupees 220each month First installement=220 +220(20)/100=264 Second installement=220 So total instalements=484 So So extra cash=84 I=prt/100 84=(x-210)2(20)/100×12 440×12=2x-420 5280=2x-420 2x=5280-420 X=4860/2 X=2435

Tiwariuday65: This is not the right answer

Tiwariuday65: 210 I's down payment

adityakute1817: See in question you have said the cash price is 210

adityakute1817: Cash price is the article offered to customer.

Tiwariuday65: No Bro it is just down payment

Tiwariuday65: If u can solve it then plz solve

adityakute1817: Okkk

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