NTSE Stage 2 SAT 2015 Question Paper

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Question : 98 of 100

Marks: +1, -0

A landless worker in a village takes a kind loan of two bags of rice from the village landlord. The condition is that she will repay the loan in two and half bags of rice at the end of one year. The interest paid equals _____

The difference between the money value of rice between now and at the end of the year.
31.25 percent of the original amount of loan.
25 percent of the original amount of loan.
The difference between the rates of interest charged by banks between now and at the end of the year.

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