Apply EMI option in my online shopping website

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hello friends,

i have website of online shopping of mobile and other gadgets. in this site i have payment option of Credit card, Debit Card and Cash On Delivery. now i want to apply an EMI option for payment.
Please anyone suggest me for that option . what i have to do??

Thank You To all

Posted 2-Jun-12 4:36am

Yatin_Chauhan

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Manas Bhardwaj · Answer 1 · 2012-06-02T05:52:00

Solution 1

What have you tried so far?
And anyways, it has nothing to do with C#/ASP.Net.

If you want, here is the formula to calculate EMI:

C#

E = P * r * (1 + r)n / ((1 + r)n -1)

Here p = principal amount
r = interesr rate per month(ex: if interest rate per annum is 10% then 10/(12*100))
n = tenure in months

And Google [^]is anyways your friend.

Posted 2-Jun-12 5:52am

Manas Bhardwaj

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Yatin_Chauhan 4-Jun-12 7:47am

hi, Manas i have try that option and know very well all the formula to calculate. by the way thank you for suggestion.