Teaching CG TET Paper 1 & 2 Mock Test 2024 Quantitative Aptitude Interest Simple Interest

A took a loan from a bank at the rate of 20% per annum simple interest. After 4 years he had to pay Rs.4000 interest. The principal amount borrowed by him was

1

Rs.5000

2

Rs.6000

3

Rs.5500

4

Rs.6500

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