SSC SSC MTS & Havaldar Mock Test Series 2024 Quantitative Aptitude Interest Installments

An article is sold for Rs. 400 cash down or Rs.100 cash and three monthly installments of Rs. 105 each. The rate of interest at simple interest under installment plan is:

1
30.76%
2
32.70%
3
33%
4
35%
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