Multiple Choice Questions on Naveen took two loans altogether for Rs9 400 from Suman and Arya Suman claimed simple interest ........... for SSC (MTS) Preparation

Simple Interest

Quantitative Aptitude (MTS)

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Indian Economy - Understanding the basics of Indian economic system

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    Naveen took two loans, altogether for Rs9,400. from Suman and Arya. Suman claimed 12\frac{1}{2}% simple interest per annum, while

    Arya claimed  10\frac{1}{2}%per annum. The total interest paid by Naveen in one year was Rs1,063. The sum borrowed from Arya is:

    This questions was previously asked in
    SSC MTS 13th October 2021 Shift-3

    Rs6,600

    Incorrect Answer

    Rs5,400

    Incorrect Answer

    Rs5,200

    Incorrect Answer

    Rs5,600

    Correct Answer
    Explanation:

    Rs5,600


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