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A person takes a loan of amount Rs 1 Lakh with an interest rate of 2.5% for 16 months? What is his simple interest?

Asked by Hariprasad 28/09/2016 Last Modified 29/09/2016

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Indian Foreign services ( through UPSC), Assistant in ministry of external affairs (through SSC), Bank PO jobs in select PSBs like SBI, PNB etc.

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