Home
Class 14
MATHS
The market price of watch is Rs 10,000. ...

The market price of watch is Rs 10,000. It is available on a cash down payment of Rs 2000 and 2 monthly installment of Rs 4500 each. Find the rate (approx) of installment.

A

101

B

104

C

102

D

106

Text Solution

Verified by Experts

The correct Answer is:
B
Promotional Banner

Topper's Solved these Questions

  • SIMPLE & COMPOUND INTEREST

    MOTHERS|Exercise SSG CPO EXAMS, 2018, EXAM DATE: 11 JULY 2019 SHIFT III|1 Videos

  • TIME & DISTANCE

    MOTHERS|Exercise Multiple Choice Question|80 Videos

Similar Questions

Explore conceptually related problems

Abhinav purchases a track suit for ₹ 2400 cash or for ₹ 1000 cash down payments and two monthly instalments of ₹ 800 each. Find the rate of interest:

A cycle costs Rs. 1500. If Rs 350 was paid as case payment and Rest amount was to be paid in 3 monthly installment of Rs. 400 . Find the Rate of Interest.

A washing machine is available for Rs.13,500 cash or Rs.6,500 as cash down payment followed by three monthly instalments of Rs.2,500 each.Find the rate of interest charged under instalment plan.

Marked price of a Saree is Rs.600 and is available on Rs.450. Rate of discount is :

A computer is available for Rs 39000 cash or Rs 17000 as cash down payment followed by five monthly instalments of Rs 4800 each. What is the rate of interest under the instalment plan? (a) 35.71% p.a. (b) 36.71. p.a. (c) 37.71% p.a. (d) 38.71% p.a.

MOTHERS-SIMPLE INTEREST -CLASS ROOM EXERCISE
  1. What equal installment of annual payment will discharge debit is due a...

    Text Solution

    |

  2. After 3 years Rs 9,270 was paid in 3 annual in stallments in 3 years. ...

    Text Solution

    |

  3. A mobile is sold for Rs 4400 cash or for Rs 2000 cash down payment tog...

    Text Solution

    |

  4. The market price of watch is Rs 10,000. It is available on a cash down...

    Text Solution

    |

  5. The market price of refrigerator is Rs 10,000. It is available on a ca...

    Text Solution

    |

  6. The cash price of a Diamond is Rs 10,000. But it can also be purchased...

    Text Solution

    |

  7. A bicycle can he purchased on cash payment of ₹ 1500. The. same bicycl...

    Text Solution

    |

  8. A took a loan from B of Rs. 960 at 6% on a condition that he would pay...

    Text Solution

    |

  9. Ramesh took a loan of Rs 1,20,000 from a bank to buy a Car. He has to ...

    Text Solution

    |

  10. A man borrows Rs. 3000 at 10% per annum and promises to pay Rs. 1000 e...

    Text Solution

    |

  11. Find the present worth of Rs 9000 due for 4 years hence the rate of in...

    Text Solution

    |

  12. Find the present worth of Rs 9950 due 3(1)/(4) years hence rate of int...

    Text Solution

    |

  13. Find the true discount of Rs 5800 due for 2 year hence the rate of int...

    Text Solution

    |

  14. The diff. between simple interest and true discount on Rs 2400 due 4 y...

    Text Solution

    |

  15. The difference b/w S.I. % T.D. on a certain sum of money for 6 months ...

    Text Solution

    |

  16. If the true discount due 2 years hence at 14% per annum be Rs 168. Fin...

    Text Solution

    |

  17. The simple interest and true discount on a certain sum for a give time...

    Text Solution

    |

  18. A man buysa watch for Rs 1950 cash and sells it for Rs 2200 at a credi...

    Text Solution

    |

  19. The interest on Rs 750 for 2 year is same as true discount on Rs 960 d...

    Text Solution

    |

  20. A owes B Rs 2600, payable 2(1)/(2) yr hence. Also B owes A Rs 3180, Pa...

    Text Solution

    |