state gov MP Police SI Mock Test 2023 Quantitative Aptitude Interest Simple Interest

 A shopkeeper takes a loan of Rs. 54,000 with simple interest for 6 years at the rate of  6%. At the end of the loan period, what is the interest that he pays?

1
Rs. 12,440
2
Rs. 22,440
3
Rs. 18,440
4
Rs. 19,440
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