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1. A pen is sold for Rs 60 by cash or Rs 20 cash down payment and Rs 8 per month for 6 months. Determine the rate of interest
  A.  80%
  B.   75%
  C.  75%
  D.  78%
     
   
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2. A radio is marked at Rs 3575 cash or Rs Rs 1500 as cash down payment and Rs 420 a month for 5 months. Find the rate of interest for this instalment plan.
  A.  5.86%
  B.  4%
  C.  5%
  D.  4.86%
     
   
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3. A car is sold for Rs 30,000 cash or Rs 17,500 as cash down payment and instalments of Rs 1,600 per month for 8 months. Determine the rate of interest.
  A.  8%
  B.  6.52%
  C.  6%
  D.  4.52%
     
   
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4. A T.V is available for Rs 950 cash or Rs 200 cash down payment and 10 monthly instalments of Rs 80 each. Find the rate of interest charged.
  A.  15
8 / 13
%
  B.  
50 / 39
%
  C.  15
5 / 13
%
  D.  None of the above
     
   
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5. A toy is sold for Rs 125 cash or for Rs 26 as cash down payment followed by 4 equal monthly instalments. If the rate of interest charged is 25% per annum, determine the monthly instalment.
  A.  Rs 26
  B.  Rs 20
  C.  Rs 25
  D.  Rs 24
     
   
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6. A table is marked at Rs 485 cash or Rs 105 cash down payment followed by 3 equal monthly instalments. If the rate of interest charged is 16% per annum, find the monthly instalment.
  A.  Rs 120
  B.  Rs 130
  C.  Rs 125
  D.  Rs 140
     
   
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7. An motor is sold for Rs 110 cash or for Rs 50 csh down payment followed by Rs 62 after a month. Find the rate of interest charged under installment paln.
  A.  30%
  B.  35%
  C.  45%
  D.  40%
     
   
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8. A bat is sold for Rs 400 cash or Rs 160 cash down payment followed by 2 monthly instalments of Rs 130 each. Find the rate of interest.
  A.  67
4 / 7
  B.  70
4 / 7
  C.  68
4 / 7
  D.  70
5 / 7
     
   
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9. A keyboard is available on Rs 180 cash or for Rs 70 cash down payment followed by Rs 60 a month for 2 months. Find the rate of interest charged under instalment plan.
  A.  75%
  B.  70%
  C.  80%
  D.  72%
     
   
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10. A TV is priced at Rs 2400 cash or Rs 1200 cash down payment followed by 6 monthly instalments for Rs 225 each. What rate of interest will the dealer charge under instalment plan?
  A.  47
5 / 17
% per annum
  B.  47
1 / 17
% per annum
  C.  45
1 / 17
% per annum
  D.  49
1 / 17
% per annum
     
   
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