Practicing Success
Practicing Success
CUET Preparation Today
A borrowed a loan from B at 8% p.a. simple interest for 4 years and repaid the loan amount Rs.43560 with interest. The amount of loan taken by A (in Rs.) is: |
28000 30000 33000 23000 |
33000 |
Total interest for 4 years = 8% x 4 = 32% Therefore, Amount = 132% of principal ⇒ Principal = \(\frac{43560 × 100}{132}\) = ₨.33000 |
