Civil Services WBCS (Executive) Prelims + Mains Mock Tests 2025 Quantitative Aptitude Interest Installments
An annual instalment of ₹3,500 will discharge a debt of ₹16,310 due in 4 years at y% simple interest per annum. What is the value of y? [Note: Instalments will be paid at the end of Year 1, Year 2, Year 3 and Year 4.
1
11.5
2
10.5
3
16.5
4
11