Question

D) Rs.1400/-
17.An employ sell a t.v for Rs.9000/- with
10% simple interest for 5 years on an
installment basis. Then How much amount
he paid for each installment?
A) Rs.1200/-
B) Rs.1500/-
C) Rs.1400/-
D) Rs.1350/-​

Answer 1

Answer:

Principle Amount = ₹9000

Rate = 10% p.a

Time = 5years

Interest = (PRT)/100

= (9000 * 10 * 5)/100

= ₹4500

Interest paid per installment = 9000/5 = ₹1400

Answer is (c) ₹1400

If you find my answer good enough kindly mark it as Brainliest.