the cost of a microwave ovan is ₹6000.poorani wants to buy it in 5 instalments.if the company offers it at the rate of 10% p.a.Simple interest,find the E.M.I.and the total amount paid by her.
Answers
Answered by
7
CP=RS.6000
R=10%
total installments to give=5
S.I= P×R×T by 100
=600
so, Amount=6000+600
=6,600rs
EMI for per month = 6600/5
=1320rs for per month
thanks
R=10%
total installments to give=5
S.I= P×R×T by 100
=600
so, Amount=6000+600
=6,600rs
EMI for per month = 6600/5
=1320rs for per month
thanks
vinoth9:
wrong answer bro
Answered by
12
Answer:
Cost Price of the Microwave oven = Rs 6000
Rate of interest = 10%
= 0.1
Time = 5 months
= 5/12 years
Simple Interest = Principal × Rate × Time
= 6000 × 0.1 × 5/12
= Rs. 250
Amount = Simple Interest + Principal
⇒ Amount = 6000 + 250
= Rs. 6250
Number of installments = 5
So, EMI = 6250/5
⇒ EMI = Rs. 1250
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