Quantitative Aptitude Interest Simple Interest

Mohan borrowed an amount of Rs. 18,000 and paid a simple interest of Rs. 2,700 at 10% per annum. Find the duration for

1

3 years

2

\(\frac{3}{2}\)years

3

\(\frac{2}{3}\)years

4

\(\frac{3}{20}\)years

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