engineering recuitment ICAR Technician 2021 Mock Test (Re-Exam) Quantitative Aptitude Interest Installments
A scooter is being sold at ₹65,000 cash or ₹41,000 cash down payment followed by 5 equal monthly instalments. If the rate of interest charged is 25% per annum simple interest, the monthly instalment rounded to the nearest integer is:
1
₹5,088
2
₹5,146
3
₹5,201
4
₹5,129