Teaching KVS Junior Secretariat Assistant (LDC) Mock Test 2022 Quantitative Aptitude Interest Simple Interest
A man took loan from a bank at the rate of 12% p.a. simple interest. After 3 years he had to pay Rs.5,400 interest only for the period. The principal amount borrowed by him was:
1
Rs. 2,000
2
Rs. 10,000
3
Rs. 15,000
4
Rs. 20,000