Arithmetic Aptitudes › Simple Interest › Question #5237
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QRamu borrowed certain amount from a money-lender at 13 1 4 % per annum under simple interest which amounts to Rs. 5500 after 5 years. The money borrowed by Ramu is _____________ (approximately).

ID: #5237 Simple Interest 260 views
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Simple InterestTopic
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  • A Rs. 3008 ✔ ✖
  • B Rs. 3308 ✔ ✖
  • C Rs. 3002 ✔ ✖
  • D Rs. 3600 ✔ ✖
Correct Answer: Option B

Explanation

Rs. 3308

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