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    Question

    From the following information calculate interest to be

    paid: Cash Price: Rs. 1,00,000 Down Payment: Rs. 10,000 Balance in 3 equal installments of Rs. 30,000 each plus interest @ 10% p.a.
    A Rs. 18,000 Correct Answer Incorrect Answer
    B Rs. 20,000 Correct Answer Incorrect Answer
    C Rs. 19,000 Correct Answer Incorrect Answer
    D Rs. 21,000 Correct Answer Incorrect Answer

    Solution

    The correct answer is A

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