engineering recuitment ICAR (IARI) Assistant (Pre + Mains) 2022 Mock Test Quantitative Aptitude Interest Simple Interest
Some amount 'K' has been borrowed by Dev from Elina at 62.5% p.a. simple interest for 8 years. If he invested that borrowed money immediately, at 87.5% p.a. simple interest for 8 years and received Rs. 80,000 as a profit after 8 years, find the value of K.
1
55000
2
45000
3
50000
4
40000