engineering recuitment OSSC Combined Technical Services (ଓଡିଶା) Mock Test 2023-24 Quantitative Aptitude Interest Installments
A computer is available for Rs. 39,000 on cash payment or Rs. 19,000 as cash payment followed by five monthly installments of Rs. 4,200 each. What is the rate of interest per annum under the instalment plan?
1
\(20\frac{19}{29}\) %
2
\(20\frac{17}{29}\) %
3
\(20\frac{20}{29}\) %
4
\(20\frac{18}{29}\) %