Question

ankush wanted to purchase a lcf tv and went to showroom.he found that lcd with marked price 30000 is available with cash payment alongwith 5℅ discount or for rs. 5000 as cash down payment followed by 3 equal monthly instalments with interest at the rate of 10℅ per month.find the difference in amount payable under the two schemes

Answer 1

Discount he gets is rs 4500 on he have to pay rs 62.5 extra with the 10%rate