Question

The cash price of a gas cooker is sh. 9000, a customer bought the cooking gas by 15 monthly instalments of sh. 950 each installment. Calculate the carryin charge

Answer 1

15 * 950 = 14250

14950 - 9000 = 4250

Answer 2

5250

Answer 3

b. The rate of interest

Answer 4

Answer to question b