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Vinay • 28.75K Points
Instructor II 

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

Correct Answer - Option(B)

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