A man took loan from a bank at the rate of 12% p.a. simple interest. After 5 years he had to pay Rs. 7500 interest only for the period. The principal amount borrowed by him was:

A man took a loan from a bank at the rate of 12% per annum at simple interest. After 3 years he had to pay 5,400 as interest. The principal amount borrowed by him was?

A person takes a loan of Rs. 200 at 5% simple interest on the outstanding amount. He returns Rs. 100 at the end of one year. In order to clear his due at the end of 2 years, he would pay:

Nithin borrowed some money at the rate of 6% p.a. for the first three years, 9% p.a. for the next five years and 13% p.a. for the period beyond eight years. If the total interest paid by him at the end of eleven years is 8,160, the money borrowed by him was?

elect the correct answerA person borrowed Rs.5,000 at 5% rate of interest per annum and immediately lent it at 5.5%. After two years he collected the amount and settled his loan. What is the amount gained by him in this transaction?

A person took a loan at 5%p.a simple interest during the first year and with an increase of 0.5% simple interest every year from second year onwards. After 4 years, he paid Rs. 4600 as a total interest to settle the loan completely. How much was the loan?(1 Point)Rs. 18000Rs. 20000Rs. 19000Rs. 21000