Chhattisgarh Board Solutions for Exercise 9: Exercise

A chair is sold for cash price of $₹450$ or a cash down payment of $₹210$ and two equal monthly instalments of $₹125$ each. Find out the rate of interest charged in the scheme.

A TV stand is sold for $₹3,000$ cash or cash down payment of $₹600$ with two equal monthly instalments of $₹1,250$. Find out the rate of the interest charged in the scheme.

The cash price of a fan is $₹1,940$. In the instalment scheme if it is available for a cash down payment of $₹620$ and two equal monthly instalments. If the rate of annual rate of interest charged is under the scheme is $16\%$ then find the amount of each instalment.

The cash price of a microwave oven is $₹20,100$, if it is available for $₹3700$ cash down payment with two equal monthly instalments at $10\%$ annual rate of interest then find the amount of each instalment.

An Iron is bought for cash down payment of $₹210$ and two equal monthly instalments of $₹220$ each. If the rate of interest is $20\%$ annually then find the cash price of the Iron.

The cash price of a scooter in a showroom is $₹20,000$. Under an instalment scheme this is available for cash down payment of $₹11,000$ with two equal annual instalments at $25\%$ annual rate of interest. If the interest is compounded every year and the amount of each instalment is $₹x$, then find the value of $x$.

Washing machine is available for $₹12,000$ cash payment or after a cash down payment of $₹3,600$, two equal half-yearly instalments. If the annual rate of the interest is $20\%$ and the interest is compounded every six months, and if, the amount of instalment $=₹x$, then find the value of $x$.

A sewing machine is available for $₹3000$ cash or a cash down payment of $₹450$ and two equal half yearly instalments. If the compound interest is $4\%$ annually then what would be the amount of each instalment.