Harish bought a scooter for 49,553. He paid * 8,076 in cash and agreed to pay the remaining amount in 37 equal installments. What is the amount of each installment?

Question

Harish bought a scooter for 49,553. He paid * 8,076 in cash and agreed to pay the remaining amount in 37 equal installments. What is the amount of each installment?

(a) Rs. 1,121

(b) Rs. 1,201

(c) Rs. 1,339

(d) Rs. 1,021

Solution

Correct Answer is : (a) Rs. 1,121

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