Aptitude - Simple Interest - Discussion

You Are Here :: Home > Arithmetical Ability > Simple Interest - Discussion

 
Q.

The price of a T.V set worth Rs. 20,000 is to be paid in 20 instalments of Rs. 1000 each. If the rate of interest be 6% per annum, and the first instalments be paid at the time of purchase, then the value of the last instalments covering the interest as well will be                         
A. Rs. 1,050 B. Rs. 3,000
C. Rs. 2,050 D. Rs. 19,000

Answer: Option D
Explaination:

 


Discussion

Your Comments Goes here...
NameDiscussion