Meena bought Rs.4395 on Diwali . Being the festival season, she was allowed to pay the price of the sofa in 12 equal monthly installments without any interest . How much is the monthly installment that she has to pay?
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Answered by
69
Hello friend
Means was given the sofa in installments without paying any interest.
So she needs to repay the same amount(the cost of sofa) in 12 months.
Money she needs to repay is rs.4395
Money she needs to pay every month is 4395/12=rs.366.25
Hope it helps!!
Means was given the sofa in installments without paying any interest.
So she needs to repay the same amount(the cost of sofa) in 12 months.
Money she needs to repay is rs.4395
Money she needs to pay every month is 4395/12=rs.366.25
Hope it helps!!
Answered by
51
Total money =4395
She was allowed to pay the amount in 12 months installment
So, she have to pay monthly =(4395÷12)=366.25
She was allowed to pay the amount in 12 months installment
So, she have to pay monthly =(4395÷12)=366.25
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