App Logo

No.1 PSC Learning App

1M+ Downloads
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

Answer:

B. Rs. 12000


Related Questions:

8250 രൂപയ്ക്കു 5 വർഷത്തെ സാദാരണ പലിശ 2475 രൂപയായാൽ പലിശ നിരക്ക് എത്ര ?
At what rate of per cent per annum will ₹1,300 give ₹520 as simple interest in 5 years?
In how many years will Rs.5000 grow to Rs.10000 at 12.5% Simple Interest?
A sum of Rs. 8,400 amounts to Rs. 11,046 at 8.75% p.a. simple interest in a certain time. What will be the simple interest (in Rs.) on a sum of Rs. 10,800 at the same rate for the same time?
In how many years will a sum of money become sixteen times itself at 30% p.a. simple interest?