Q173
A mobile phone is available for Rs. 25,000 or Rs. 5,200 down payment, followed by 4 equal monthly instalments. If the rate of interest is 25% p.a. simple interest, calculate the amount of each instalment.
A.
Rs. 5,020
B.
Rs. 4,950
C.
Rs. 5,362
D.
Rs. 5,200
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
\begin{array}{*{20}{c}} \Rightarrow &{19800}&{ - x} \\ {}&{19800}&{ - 2x} \\ {}&{\mathop {19800}\limits_{\_\_\_\_\_\_\_\_\_\_\_} }&{\mathop { - 3x}\limits_{\_\_\_\_\_\_\_\_\_} } \\ {}&{79200}&{ - 6x} \end{array}