mobile is available for Rs. 1,600 each on cash or for Rs. 1,000 cash down payment and Rs. 645 to be paid after six months. Find the rate of interest charged under the instalment plan.
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cost of mobile phone = 1600
cost of mobile phone when paid in installment=1000+645
=1645
increased cost = 45
S.I =45
p×r×t=45
1000×r×6/12=45
1000×r×1/2=45
500×r=45
r=45÷500
r=0.09 •/•
cost of mobile phone when paid in installment=1000+645
=1645
increased cost = 45
S.I =45
p×r×t=45
1000×r×6/12=45
1000×r×1/2=45
500×r=45
r=45÷500
r=0.09 •/•
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0.09 he barobar uttar aahe...
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