7th Class Mathematics Related to Competitive Exam Question Bank Applied Mathematics

  • question_answer
    The annual payment of Rs. 3500 will discharge a loan amount in 4 years at 6% per annum simple interest. Find the loan amount (in Rs.).

    A) 15260

    B) 13380

    C)  14500

    D)  16200

    E)  None of these

    Correct Answer: A


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