Vishwanath
Friday, February 15, 2013
35. | A man took loan from a bank at the rate of 12% p.a. simple interest. After 3 years he had to pay Rs. 5400 interest only for the period. The principal amount borrowed by him was:
|
| Rs. 2000 | | Rs. 10,000 | | Rs. 15,000 | | Rs. 20,000 |
|
Answer: Option C
Explanation:
Principal = Rs. |
| 100 x 5400 |
| = Rs. 15000. |
12 x 3 |
Title : Simple Interest Q35
Description : 35. A man took loan from a bank at the rate of 12% p.a. simple interest. After 3 years he had to pay Rs. 5400 interest only for the period. ...
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