The price of a T.V. set worth Rs. 20,000 is to be paid in 20 instalments of Rs. 1000 each . If the rate of interest be 6% per annum , and the first instalment be paid at the time of purchase , then

The price of a T.V. set worth Rs. 20,000 is to be paid in 20 instal

1.	The price of a T.V. set worth Rs. 20,000 is to be paid in 20 instalments of Rs. 1000 each . If the rate of interest be 6% per annum , and the first instalment be paid at the time of purchase , then
A.	Rs. 1050
B.	Rs. 2050
C.	Rs. 3000
D.	None of these
Answer» E.

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The price of a T.V. set worth Rs. 20,000 is to be paid in 20 instalments of Rs. 1000 each . If the rate of interest be 6% per annum , and the first instalment be paid at the time of purchase , then

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