Mathematics · Simple Interest
Ramesh borrows a certain amount from Vikram at a simple interest rate of 7.5% per annum for four years. If the total interest Ramesh has to pay is Rs. 18,600, what is the principal amount?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Rs. 62,000✓
- 2Rs. 45,000
- 3Rs. 68,000
- 4Rs. 56,000
Correct answer
Rs. 62,000
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Mathematics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Simple Interest MCQs →Want more practice questions on Simple Interest?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Simple Interest