Question (37/66)
The price of TV set worth INR 20,000 is to be paid in 20 instalments of INR 1000 each. If the rate of simple interest is 6% per annum and first instalment be paid at the time of purchase, then the value of last instalment covering the interest as well will be ?(A) INR 1050
(B) INR 1400
(C) INR 2140
(D) INR 2200
Question (38/66)
A money lender finds that due to a fall in the annual rate of interest from 8% to `7 3/4 %` , his yearly income diminishes by INR 61.50. What is his capital ?(A) INR 22,400
(B) INR 24,600
(C) INR 25,700
(D) INR 28,400