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5.Meena bought a sofa for ₹4395 on Diwali. Being the festival season, she was allowed to pay the price of the sofa in 12 equal monthly installments without any interest. How much is the monthly installment that she has to pay?

Hi,
Means was given the sofa in installments without paying any interest.


So she needs to repay the same amount(the cost of sofa) in 12 months.

Money she needs to repay is rs.4395

Money she needs to pay every month is 4395/12=Rs.366.25

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