Sarah Ishika Dowerah
from
Delhi Public School, Numaligarh
Subject :IMO Class : Class 4
Rajat buys a brand new car by paying ₹ 35000 amount in cash. The rest of the amount is paid by loan. He pays ₹ 1970 as EMI for 3 years. Find the total amount paid in EMI after 3 years and the total value of the car respectively in rupees. (EMI – equated monthly installment)
A7092, 42092
B70292, 105292
C70920, 105920
D9028, 44028
Ans 1:
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aritroray
from
Chirec International School, Hyderabad
Class : Class 8
3 years = 36 months, and EMI paid each month= 1970/-, so the total amount paid in EMI is 36 x 1970, which is 70920.
Therefore, total value of the car is 35000 + 70920 = 105920/-.
Ans 2:
Edit Post
Mayank Raj
from
Litera velly, Patna
Class : Class 4
3years=36 monthsEMIper month=1970EMI in three year=72920Rajat paid in advance=35000Total amount paid=70920 35000=105920......[C] is the answer............................
Ans 3:
Edit Post
AARAV GULATI
from
Vivek Summit, New Delhi
Class : Class 4
A- EMI 1970 per month
3 years = 36 months
Total Amount Paid in three years
36 x 1970 = 70920
B - Rajat Paid Advance - 35000
Total Amount Paid
A +B
70920+35000= 105920
Answer is C