Class X A car is available for Rs.4,02,200 cash or for Rs.1,50,000 cash down payment and 3 equal half yearly instalments. Find the value of each instalment if the rate of interest is 10% p.a. compounded half yearly Rs. 92,610 Rs. 95,711 Rs. 84,560 Rs. 82,160 A TV can be purchased for Rs. 7200 cash or for Rs. 3040 cash down payment and five equal monthly instalment of Rs. 860 each. Calculate the rate of interest charged under the instalment plan Rs.10.56% 11.90% 12.69% 13.77% A Laptop is available for Rs. 60000 cash or for 20% cash down payment followed by ten equal monthly instalment of Rs. 5000 each. What is the rate of interest under instalment plan? 7.50% 8.25% 9.41% 10.15% A LED light is available for Rs. 500 cash or for Rs. 150 cash down payment followed by 5 equal monthly instalement. If the rate of interest is 18% p.a. Calculates the monthly instalment Rs. 70.25 Rs. 73.06 Rs. 75.00 Rs. 76.66 A washing machine is listed at Rs. 6400 cash or for Rs. 1400 as cash down payment followed by five equal monthly instalment of Rs. 1030. Find the rate of interest charged under the instalement scheme. 9.00% 10.25% 11.50% 12.24% Do you really want to submit this quiz? Cancel Submit Quiz