Question

Ravi wants a computer that costs rs.31,200. he can take it home by paying rs. 6000 and pay the rest in 12 equal. monthly payments. how much will he have to pay each month

Answer 1

(31200+6000)/12= ₹3100

Answer 2

Answer:

Each month Ravi has to pay a sum of total Rs. 2100

Step-by-step explanation:

Cost price of the computer that Ravi wants to buy = Rs. 31200

Firs installment that Ravi is willing to pay = Rs. 6000

Amount of the money that is to be paid by Ravi = 31200 - 6000 = Rs. 25200

Number of months that Ravi need to pay the rest of money = 12

Now, we need to find the amount of money which is to be paid by Ravi each month.

Monthly payment paid by Ravi = 25200/12

                                                    = Rs. 2100

Hence, Each month Ravi has to pay a sum of total Rs. 2100