TASK DEFINITION: In this task, you need to answer the given multiple-choice question on the gain. Gain is the value by which to multiply the input. Classify your answers into 'a', 'b', 'c', 'd', and 'e'.
PROBLEM: Problem: a car is purchased on hire - purchase . the cash price is $ 26 000 and the terms are a deposit of 10 % of the price , then the balance to be paid off over 60 equal monthly installments . interest is charged at 12 % p . a . what is the monthly installment ? 
Options: a ) $ 603 , b ) $ 624 , c ) $ 625 , d ) $ 626 , e ) $ 627

SOLUTION: b

PROBLEM: Problem: a sum fetched total simple interest of 4016.25 at the rate of 12 p . c . p . a . in 5 years . what is the sum ? 
Options: a ) 6693.75 , b ) 8032.5 , c ) 4462.5 , d ) 8900 , e ) none of these

SOLUTION: a

PROBLEM: Problem: what is 25 % of 25 % equal to 
Options: a ) 0.625 , b ) 0.0625 , c ) 6.25 , d ) 0.00625 , e ) none

SOLUTION:
d