Mathematics · Simple Interest

A mobile phone is available for Rs. 25,000 or Rs. 5,200 down payment, followed by 4 equal monthly instalments. If the rate of interest is 25% p.a. simple interest, calculate the amount of each instalment.

Verified Solution4 OptionsUpdated: October 2026👁️1 View

Correct answer

Rs. 5,120

Save this question and verified answer as a clean study sheet with live clickable link.

👥

Challenge your peer aspirants on WhatsApp or Telegram to solve this question!

Online Test Series

Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.

Chapter Practice

Want more practice questions on Simple Interest?

Solve complete topic-wise tests with detailed solutions on GkGet.

Recommended practice questions in Mathematics · Simple Interest

Which movement aimed to promote Khadi, a hand-spun and handwoven cloth native to India?

Who were prominent leaders associated with the initial phase of the Telangana Rebellion (1946-1951) against the Nizam's rule and feudal landlords?

What was the immediate trigger for the Revolt of 1857?

Related Practice Questions