hamburger menu
All Coursesall course arrow
adda247
reward-icon
adda247
    arrow
    arrow
    arrow
    P takes loan of Rs. 9,000 at the rate of simple interest 8.5% for 2 years and 8 months, then total amount to be returned by him will be
    Question

    P takes loan of Rs. 9,000 at the rate of simple interest 8.5% for 2 years and 8 months, then total amount to be returned by him will be

    A.

    Rs. 2,040

    B.

    Rs. 3,060

    C.

    Rs. 11,040

    D.

    Rs. 12,060

    Correct option is C

    Principle = 9000/-
    Rate of interest = 8.5
    Year = 2 year 8 month = 24 + 8 = 32 months
    Simple interest = ?

    Free Tests

    Free
    Must Attempt

    DSSSB PRT Full Mock - 01

    languageIcon English
    • pdpQsnIcon200 Questions
    • pdpsheetsIcon200 Marks
    • timerIcon120 Mins
    languageIcon English
    Free
    Must Attempt

    Educational Psychology & Pedagogy - 01

    languageIcon English
    • pdpQsnIcon20 Questions
    • pdpsheetsIcon20 Marks
    • timerIcon15 Mins
    languageIcon English
    Free
    Must Attempt

    DSSSB PRT PYP Held on 7th March 2022 Shift 1

    languageIcon English
    • pdpQsnIcon200 Questions
    • pdpsheetsIcon200 Marks
    • timerIcon120 Mins
    languageIcon English

    Similar Questions

    test-prime-package

    Access ‘RAJASTHAN REET’ Mock Tests with

    • 60000+ Mocks and Previous Year Papers
    • Unlimited Re-Attempts
    • Personalised Report Card
    • 500% Refund on Final Selection
    • Largest Community
    students-icon
    368k+ students have already unlocked exclusive benefits with Test Prime!
    Our Plans
    Monthsup-arrow