state gov Rajasthan Gram Vikas Adhikari (VDO) Mock Test 2021 Quantitative Aptitude Interest Installments
A car is available for ₹4,98,200 cash or ₹60,000 cash down payment followed by three equal annual instalments. If the rate of interest charged is 16% p.a., compounded yearly, then the total interest charged in the instalment plan is:
1
₹1,46,314
2
₹1,46,137
3
₹1,47,136
4
₹1,45,163