the price of a t . v . set worth rs . 15000 is to be paid in 20 installments of rs . 1500 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 . 1500 balance payment = ( 15000 - 1500 ) = rs . 13500 . answer : c"
subtract(15000, 1500)