Teaching DSSSB PRT 2023 Mock Test Quantitative Aptitude Interest Simple Interest

At simple interest Gaurav borrows Rs. 1,500 from Sandeep at the rate of 14% per annum. What amount of money should Gaurav pay to Sandeep after 1 year to clear the debt?

1
Rs. 1,700
2
Rs. 1,710
3
Rs. 1,705
4
Rs. 1,715
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