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CA Foundation doubt

Can anyone solve this ??

Image attached to the doubt: Can anyone solve this ??

Asked by Lukky27 Jun 2024348 views

1 answer

  1. Selva · 27 Jun 2024

    Answer is option c (22%) Cost price of good is rs.3900 Down payment is rs.1700 5 emi @480each Calculation: 3900-1700 =2200 Remaining to be paid is rs.2200 Now, S.I = P×R×T/100 480=2200×R×1/100 R=480/2200 = 21.8181% ~ 22%

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