Mathematics · Installments
A cooking stove is available for ₹520 cash down payment followed by four equal monthly installments of ₹520 each. If the rate of simple interest is 25% per annum, what is the cash price of the stove?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1₹2,540
- 2₹2,500✓
- 3₹2,580
- 4₹2,600
Correct answer
₹2,500
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!
Online Test Series
Start Free Mock Test →Preparing for Mathematics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Installments MCQs →Want more practice questions on Installments?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Installments