the price of a t . v . set worth rs . 40000 is to be paid in 20 installments of rs . 2500 each . if the rate of interest be 6 % per annum , and the first installment be paid at the time of purchase , then the value of the last installment covering the interest as well will be ?
"money paid in cash = rs . 2500 balance payment = ( 40000 - 2500 ) = rs . 37500 . answer : d"
subtract(40000, 2500)