Installment - A bicycle is sold for Rs 1800 cash or for Rs 600 cash down payment followed by 2 monthly installmnets of Rs 610 each. Compute ... calculator

Installment


	Problem 2 of 8

2. A bicycle is sold for Rs cash or for Rs cash down payment followed by monthly installmnets of Rs each. Compute the rate of the interest charged under the installment scheme.

SolutionExample

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