A loan of ₹60,000 carries simple interest at 75% for 2 years

Type: MCQ • Marks: 1

A. 7500

B. 8000

C. 9000

D. 10500

Explanation

SI = 60,000 × 7.5 × 2 /100 = ₹9,000.

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UPSC Principal & Vice Principal Management Finance Administration

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