Aptitude - Simple Interest - Discussion

Discussion Forum : Simple Interest - General Questions (Q.No. 10)
10.
A man took loan from a bank at the rate of 12% p.a. simple interest. After 3 years he had to pay Rs. 5400 interest only for the period. The principal amount borrowed by him was:
Rs. 2000
Rs. 10,000
Rs. 15,000
Rs. 20,000
Answer: Option
Explanation:

Principal = Rs. 100 x 5400 = Rs. 15000.
12 x 3

Discussion:
31 comments Page 4 of 4.

Kannan said:   1 decade ago
Can you show me the work out sample for this i couldn't get it.


Post your comments here:

Your comments will be displayed after verification.