SSC CGL 201911)A loan has to be returned in two equal yearly instalments each of ₹44,100. If the rate of interest is 5% p.a.. compounded annually, then the total interest paid is:
₹ 6,200
SSC CGL 201912)A sum amounts to ₹14,395.20 at 9.25 % p.a. simple interest in 5.4 years. What will be the simple interest on the same sum at 8.6 % p.a. in 4.5 years?
₹3,715.20