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.

Mathematics For Machine Technology
8th Edition
ISBN:9781337798310
Author:Peterson, John.
Publisher:Peterson, John.
Chapter29: Tolerance, Clearance, And Interference
Section: Chapter Questions
Problem 13A: Refer to Figure 29-9 to determine the values in the table. Allowance is equal to the maximum...
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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.
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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