Mathematics · Simple and Compound Interest
A computer is available for ₹ 39,000 on cash payment or ₹ 19,000 as cash down payment followed by five monthly installments of ₹ 4,200 each. What is the rate of interest per annum under the installment plan?
- 1201829%
- 2202029%✓
- 3201729%
- 4201929%
Correct answer
202029%
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Mathematics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Simple and Compound Interest?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Simple and Compound Interest