Mathematics · Installments
A table is available for ₹ 2,000 cash, or for a ₹ 600 down payment followed by ₹ 1,500 paid after 2 months. What will be the annual rate of interest charged under this installment plan?
- 141.40%
- 244.50%
- 342.86%✓
- 443.50%
Correct answer
42.86%
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