THE PRICE OF A TV SET WORTH Rs 20000 IS TO BE IN 20 INSTALMENT Rs 1000 EACH . IF THE RATE OF INTEREST BE 6% PER ANNUM AND THE FIRST INSTALMENT BE PAID AT THE TIME OF PURCHASE , THEN THE VALUE OF THE LAST INSTALMENT COVERING THE INTEREST AS WELL WILL BE
A) RS 1050
B) RS 2050
C) RS 3000
D) NONE OF THESE
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the answer is 2050per month instalment
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