Mukul borrowed a loan from a bank to purchase refrigerator After 2year, he paid Rs. 22,850 . If the rate of interest is 17/2%per annum. What was the cost of refrigerator.
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A x 8.5/100 x 2 = 22,850
17xA = 22,85,000
A = 22,85,000 / 17 = 1,34,411 Rs
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