state gov TNPSC Group 4 (தமிழ்நாடு குழு IV) Mock Test 2025 Quantitative Aptitude Interest Simple Interest
A farmer borrowed ₹20,000 from a money lender at 4.5% per annum in simple interest. The amount paid by him to clear the loan after period of 5 years is
1
₹4,500
2
₹15,500
3
₹17,000
4
₹24,500
5
Answer not known