REVISE COMPLETE INSTALLMENT IN 10 QUESTIONS FOR COMPETITIVE EXAMS ! SSC CGL 2025 ! BEST WAY !

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Struggling with Installment Questions? In this video, we revise the entire Installment chapter in just 10 powerful questions. Perfect for SSC CGL 2025, CHSL, CPO, and other competitive exams.

👉 Learn the smart tricks to solve faster
👉 Covers all exam-relevant patterns
👉 Best approach explained step by step
👉 Saves time in the exam hall

Stay till the end to test yourself with practice questions and strengthen your concepts.



Q1. A scooty can be bought for Rs 30000 in cash or Rs 9400 in cash advance payment followed by 4 monthly installments. What will be the value of each installment at 15% p.a. simple interest ?

(a) 5298
(b) 5565
(c) 5406
(d) 5308

Q2. Rahna decided to buy a scooty that costs ₹40,000. The shopkeeper agreed to sell the scooty under the condition of ₹25,000 cash down payment of ₹4,000 each month for four months. Find the rate of interest at which the shopkeeper sold the scooty under the installment scheme ?

(a) 33% 
(b) 16½% 
(c) 18½% 
(d) 10⅓%

Q3. P borrows ₹5,00,000 from the bank which charges 18% simple interest per annum at the start of the year. He pays 11 equal monthly installments of ₹40,000 and his bike at the end of the year to pay the amount. What is the value of the bike given ? 

(a) 1,50,000 
(b) 1,75,000
(c) 1,25,000 
(d) 1,10,000

Q4. What annual instalment will discharge a debt of ₹26,160 due in 4 years at 6% simple interest p.a.? 

(a) ₹4,500 
(b) ₹5,500 
(c) ₹6,000 
(d) ₹5,800

Q5. Find the total amount of debt that will be discharged by 5 equal installments of ₹200 each, if the debt is due in 5 years at 5% p.a. at simple interest.

(a) ₹1,100 
(b) ₹1,200 
(c) ₹1,255 
(d) ₹1,400

Q6. A mobile phone is available for Rs. 79860 by cash payment or by paying cash of Rs. 60000 as down payment and the remaining amount in three equal annual installments. If the shopkeeper charges interest at the rate of 10% per annum compounded annually, then the amount of each installment (in  Rs.) will be ?

(a) 7986 
(b) 6789 
(c) 6689 
(d) 6000

Q7. A sum of Rs x was borrowed and paid back in two equal yearly installments, each of Rs 35,280. If the rate of interest was 5%, compounded annually, then the value of x is ?

(a) 64,400 
(b) 65,600 
(c) 64,800            
(d) 65,400

Q8. A loan has to be returned in two equal yearly installments each of Rs 44,100. If the rate of interest is 5% p.a., compounded annually, then the total interest paid is ?

(a) ₹5840
(b) ₹6000
(c) ₹6200
(d) ₹6280

Q9. A loan of ₹2,550 is to be paid back in two equal half-yearly installments. How much is each installment if the interest is compounded half-yearly at 8% p.a. ? 

(a) ₹1,258 
(b) ₹1,352 
(c) ₹1,745 
(d) ₹1,457

Q10. A car with a price of ₹6,50,000 is bought by making some down payment. On the balance, a simple interest of 10% is charged in lump sum and the money is to be paid in 20 equal annual installment of ₹25000. how much is the down payment ?

(a) ₹ 1,55,945
(b) ₹ 1,95,455
(c) ₹ 1,94,555
(d) ₹ 1,45,955

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