Question

एक टी.वि स्टैंड 3000रू. नकद पर बेचता है अथवा 600रू. तत्काल नकद भुगतान तथा 1250रू. प्रतिमाह की 2 किश्तों पर उपलब्ध है| किश्त योजना में लिए गए ब्याज की दर ज्ञात कीजिये |
(Give step-by-step explanation)

Answer 1

Step-by-step explanation:

Buying the television of cash would cost Rs 3000.

Buying on hire purchase would cost :600+(2*1250)=Rs3100

You realize that that the hire purchase price is higher by Rs 100

The percentage interest is therefore

100/3000*100%=

33.33%

Thus rate=33.33%

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