Problem 41
Indicom cell-phone is available for Rs. 2500 cash or Rs. 520 cash down payments followed by 4 equal monthly instalments. If the rate of interest charged is \(25 \%\) per annum, calculate the monthly instalment: (a) 520 (b) 480 (c) 550 (d) none of these
Problem 42
An article is sold for Rs. 500 cash or for Rs. 150 cash down payments followed by 5 equal monthly instalments. If the rate of interest charged is \(18 \%\) p.a., compute the monthly instalment : (a) \(63.07 \%\) (b) \(37.06 \%\) (c) \(75.0 \%\) (d) \(73.06 \%\)
Problem 43
A sum of Rs. 390200 is to be paid back in three equal annual instalments. How much is each instalment, if the rate of interest charged is \(4 \%\) per annum compounded annually? (a) Rs. 140608 (b) Rs. 120560 (c) Rs. 10000 (d) Rs. 18000
Problem 46
Sapna borrowed some money on compound interest and \- retumed it in three years in equal annual instalments. If the of interest is \(15 \%\) per annum and annual instalment is rate of 456680 , find the sum borrowed : \(\begin{array}{ll}\text { RS. } 486680, & \text { (b) } 1111200\end{array}\) (a) 1112220 (d) none of these (c) 1122000
Problem 53
The rate of interest in two banks DNB and HBI are in the ratio of \(7: 8\). If a person invested some amount in both the banks and received equal amounts from both the banks in two yéar. The ratio of amount invested in DNB and HBI respectively is : (a) \(15: 1\) (b) \(8: 7\) (c) \(7: 8\) (d) \(108: 107\)