Mathematics · Commercial Math
A table was purchased with an immediate cash down payment of ₹750 and a commitment to pay ₹436 after 6 months. If the rate of simple interest charged is 18% per annum, what is the total cash value of the table?
- 1₹1100
- 2₹1150✓
- 3₹1180
- 4₹1186
Correct answer
₹1150
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