Quantitative Aptitude Interest Simple Interest

Rohit took certain loan amount from a bank at 7% SI and lends the same money to rahul at 13% SI. If at the end of 3 years he made profit of Rs. 3240. Find the loan amount.

1

Rs. 18,000

2

Rs. 20,000

3

Rs. 15,000

4

Rs. 25,000

5

Rs. 12,000

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