insurence exam NIACL Assistant (Pre + Mains) Mock Test 2024 (New) Quantitative Aptitude Interest Installments
A scooter toy is sold for Rs 100 cash or Rs 40 cash down payment followed by Rs 62 after a month. Find the rate of interest charged under the installment plan.
1
30%
2
50%
3
60%
4
40%
5
None of these