engineering recuitment ICAR Technician 2021 Mock Test (Re-Exam) Quantitative Aptitude Interest Installments
Bike of Suzuki is available for Rs. 50,000 cash or Rs. 10,400 cash down payments followed by 4 equal installments. If the rate of interest charged is 25% per annum Simple interest, calculate the 4 yearly installments.
1
14,400
2
14,200
3
14,800
4
14,600