Mathematics · Compound Interest
A computer is available for Rs. 71,580 cash or Rs. 12,000 as cash down payment followed by three equal half-yearly instalments. If the interest is charged at 20% p.a., compounded half-yearly, the interest paid by the customer under the instalment plan is:
- 1Rs. 12,498
- 2Rs. 10,245
- 3Rs. 11,248
- 4Rs. 12,294✓
Correct answer
Rs. 12,294
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 Compound Interest?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Compound Interest