railway DFCCIL Junior Executive 2023 (CBT 1 & CBT 2) Mock Test Quantitative Aptitude Interest Simple Interest
The monthly income of Mr. Roy is Rs. 18,000. He took a loan of Rs. 30,000 on simple interest for 3 years at the rate of 5% per annum. The amount that he will be paying as simple interest in 3 years is what percent of his monthly salary?
1
30%
2
35%
3
20%
4
25%