Interview Preparation Exam  >  Interview Preparation Questions  >  Kruti took a loan at simple interest at 6 % i... Start Learning for Free
Kruti took a loan at simple interest at 6 % in the first year with an increase of 0.5 % in each subsequent year. She paid Rs. 3375 as interest after 4 years. How much loan did she take?
  • a)
    Rs.12500
  • b)
    Rs.15800
  • c)
    Rs.33250
  • d)
    Cannot be determined
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Kruti took a loan at simple interest at 6 % in the first year with an ...
Let the loan taken be Rs. X , then
X × 6/100 × 1 + X × 6.5/100 × 1 + X × 7/100 × 1 + X × 7.5/100 × 1 = 3375
=> (6+ 6.5 +7 +7.5) × X/100 = 3375
=> X = (3375 × 100/27) = 12500
Explore Courses for Interview Preparation exam

Top Courses for Interview Preparation

Question Description
Kruti took a loan at simple interest at 6 % in the first year with an increase of 0.5 % in each subsequent year. She paid Rs. 3375 as interest after 4 years. How much loan did she take?a)Rs.12500b)Rs.15800c)Rs.33250d)Cannot be determinedCorrect answer is option 'A'. Can you explain this answer? for Interview Preparation 2025 is part of Interview Preparation preparation. The Question and answers have been prepared according to the Interview Preparation exam syllabus. Information about Kruti took a loan at simple interest at 6 % in the first year with an increase of 0.5 % in each subsequent year. She paid Rs. 3375 as interest after 4 years. How much loan did she take?a)Rs.12500b)Rs.15800c)Rs.33250d)Cannot be determinedCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Interview Preparation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Kruti took a loan at simple interest at 6 % in the first year with an increase of 0.5 % in each subsequent year. She paid Rs. 3375 as interest after 4 years. How much loan did she take?a)Rs.12500b)Rs.15800c)Rs.33250d)Cannot be determinedCorrect answer is option 'A'. Can you explain this answer?.
Solutions for Kruti took a loan at simple interest at 6 % in the first year with an increase of 0.5 % in each subsequent year. She paid Rs. 3375 as interest after 4 years. How much loan did she take?a)Rs.12500b)Rs.15800c)Rs.33250d)Cannot be determinedCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for Interview Preparation. Download more important topics, notes, lectures and mock test series for Interview Preparation Exam by signing up for free.
Here you can find the meaning of Kruti took a loan at simple interest at 6 % in the first year with an increase of 0.5 % in each subsequent year. She paid Rs. 3375 as interest after 4 years. How much loan did she take?a)Rs.12500b)Rs.15800c)Rs.33250d)Cannot be determinedCorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Kruti took a loan at simple interest at 6 % in the first year with an increase of 0.5 % in each subsequent year. She paid Rs. 3375 as interest after 4 years. How much loan did she take?a)Rs.12500b)Rs.15800c)Rs.33250d)Cannot be determinedCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for Kruti took a loan at simple interest at 6 % in the first year with an increase of 0.5 % in each subsequent year. She paid Rs. 3375 as interest after 4 years. How much loan did she take?a)Rs.12500b)Rs.15800c)Rs.33250d)Cannot be determinedCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of Kruti took a loan at simple interest at 6 % in the first year with an increase of 0.5 % in each subsequent year. She paid Rs. 3375 as interest after 4 years. How much loan did she take?a)Rs.12500b)Rs.15800c)Rs.33250d)Cannot be determinedCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Kruti took a loan at simple interest at 6 % in the first year with an increase of 0.5 % in each subsequent year. She paid Rs. 3375 as interest after 4 years. How much loan did she take?a)Rs.12500b)Rs.15800c)Rs.33250d)Cannot be determinedCorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice Interview Preparation tests.
Explore Courses for Interview Preparation exam

Top Courses for Interview Preparation

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev