# Interest [NRA CGL (National Recruitment Agency-Combined Graduate Level) Mathematics]: Questions 16 - 18 of 18

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## Question 16

### Question

MCQ▾A man took a loan from a bank at the rate of per annum at simple interest. After 5 years he had to pay Rs. 6000 as interest only for the period. The principle amount borrowed by him was

### Choices

Choice (4) | Response | |
---|---|---|

a. | Rs. 20000 | |

b. | Rs. 10000 | |

c. | Rs. 12000 | |

d. | Rs. 2000 |

## Question 17

### Question

MCQ▾A sum of money at simple interest amounts to Rs. 1020 in 3.5 years and to Rs. 1080 in 5 years. The rate of interest per annum is

### Choices

Choice (4) | Response | |
---|---|---|

a. | 4.5 % | |

b. | 5.4 % | |

c. | 2.7 % | |

d. | 3.6 % |

## Question 18

### Question

MCQ▾A man took a loan from a bank at the rate of per annum at simple interest. After 5 years he had to pay Rs. 1600 as interest only for the period. The principle amount borrowed by him was

### Choices

Choice (4) | Response | |
---|---|---|

a. | Rs. 7000 | |

b. | Rs. 4000 | |

c. | Rs. 2000 | |

d. | Rs. 6000 |