SSC SSC CPO Mock Test Series 2025 (Tier I & II) (DP SI & CAPF) Quantitative Aptitude Interest Installments
Damani purchased an item costing ₹7,500 and paid ₹3,500 as a down payment for the same. If the simple interest charged for the remaining amount is 9% per annum and Damani cleared all dues after 4 months of the purchase, how much did Damani pay after 4 months as interest?
1
₹120
2
₹100
3
₹132
4
₹125