Kabir paid Rs. 9600 as interest on a loan he took 5 years ago at 16% rate of simple interest. What was the amount he took as loan?
ARs. 16400
BRs. 12000
CRs. 12500
DRs. 18000
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Related Questions:
An amount of Rs. P was put at simple interest at a certain rate for 4 years. If it had been put at a 6% higher rate for the same period, it would have fetched Rs. 600 more interest. What is the value of 2.5 P?
The amount becomes 12100 after 2 years and 13310 after 3 years, then find the rate of simple interest.
8250 രൂപയ്ക്കു 5 വർഷത്തെ സാദാരണ പലിശ 2475 രൂപയായാൽ പലിശ നിരക്ക് എത്ര ?
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An amount becomes Rs.11,300 in 2 years and Rs. 12,600 in 4 years. The rate, if calculated at simple interest is: