Mathematics · Simple Interest
Akash borrows Rs. 62,000 at 7.5% simple interest per annum. How much interest does he have to pay at the end of four years?
- 1Rs. 17,600
- 2Rs. 15,500
- 3Rs. 18,800
- 4Rs. 18,600✓
Correct answer
Rs. 18,600
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