Join Examsbook
Answer : 3. "Rs 20,000"
Mr. Khanna took a loan of Rs 10,000 on simple interest for two years at the rate 3% per annum. The total amount that he will be paying as interest in 2 year is 3% of his monthly salary. What his monthly salary?
5Q:
Mr. Khanna took a loan of Rs 10,000 on simple interest for two years at the rate 3% per annum. The total amount that he will be paying as interest in 2 year is 3% of his monthly salary. What his monthly salary?
- 1Rs 30,000false
- 2Rs 16,000false
- 3Rs 20,000true
- 4Rs 12,000false
- 5None of thesefalse
- Show AnswerHide Answer
- Workspace
Answer : 3. "Rs 20,000"
Explanation :
3% of SI=PRT/100
10,000*3*2/100= 3 of x
then x =20,000