IBPS
Government Jobs Exams
Numerical Ability
Simple & Compound Interest
Ramesh would have Rs. 5280 at the end of 4 years for a sum of money borrowed at rate of 8% p.a. simple interest. If he wants to repay his loan a year before its due then what is the amount paid by him ? (A) Rs. 4960 (B) Rs. 4760 (C) Rs. 5060 (D) Rs. 4670
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