Shyam bought a refrigerator for Rs. 5000. He paid 1/10 of the price in cash and the rest in 12 equal monthly installments. How much had he pay in each month ? *
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Answer:
Rs.375
Step-by-step explanation:
Cost of Refrigerator = Rs. 5000
Shyam paid 1/10th amount = Rs.500
Remaining amount to be paid = 5000 - 500
Total amount to be paid = 4500
Monthly installment = 4500/12 = Rs.375
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