Mr. Khanna took aloan or Rs. 10,000/- on simple interest for two years at the rate 3 p.c.p.a. The total amount that he will paying as interest in 2 years is 3% of his monthly salary. What is his monthly salary?

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  Explanations : S. I = P. R. T. = 10000 * 2 * 3 = 600 Rs.
  100 100
  Let, his salary will be x
  So, x * 3/100 = 600
  ⇒ x = 20000 Rs.
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• 20000(ans)
• 11 years agoHelpfull: Yes(0) No(0)