Ques. The cash price of a television is Rs. 4022. A customer paid Rs. 1500 in cash and promised to pay the remaining money in 3 monthly equal instalments at the rate of 5% per annum compound interest. What is the value of each instalment?
Op 1: Rs. 926.10
Op 2: Rs. 903.33
Op 3: Rs. 928.30
Op 4: Rs. 940.50
Op 5:
Correct Op : 1

Ques. A certain sum of money at simple interest becomes Rs. 1062 in 2 years and Rs. 1183.50 in 3½ years. What is rate of interest per annum?
Op 1: 7%
Op 2: 6%
Op 3: 9%
Op 4: 5%
Op 5:
Correct Op : 3