Aptitude Test for Freshers

Q.  Kabir paid Rs. 9600 as interest on a loan he took 5 years ago at 16% rate of simple interest. What was the amount he took as loan?

a. Rs. 16400
b. Rs. 12000
c. Rs. 12500
d. Rs. 18000


ANSWER: See Answer
 
No explanation is available for this question!
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