defence exam BSF Constable (Tradesmen) 2023 Mock Test Quantitative Aptitude Interest Simple Interest
Vikas took a loan of Rs. 1,200 on simple interest that is equal to as many years as the rate of interest. If he paid Rs. 768 as interest at the end of the loan period, then what was the rate of interest?
1
7.8%
2
8.0%
3
8.5%
4
7.5%