Q. 6. A ceiling fan is marked at Rs. 970 cash or for Rs. 210 cash down payment followed by three equal monthly instalments. If the rate of interest charged under the instalment plar is 160% ner annum, find the monthly instalment.
Q. 6. A ceiling fan is marked at Rs. 970 cash or for Rs. 210 cash down payment followed by three equal monthly instalments. If the rate of interest charged under the instalment plar is 160% ner annum, find the monthly instalment.
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
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
Transcribed Image Text:Q. 6. A ceiling fan is marked at Rs. 970 cash or for Rs. 210
cash down payment followed by three equal monthly
instalments. If the rate of interest charged under the instalment
plar is 16°% ner annum, find the monthly instalment.
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