RRB Paramedical Staff Nurse Model Paper 4

Question : 53 of 100

Marks: +1, -0

SBI lent Rs. 10,000 to Deepak @7% SI for 10 years. Meanwhile, the government implemented a scheme due to which interest rate reduced by 2%.
By this Deepak paid Rs.16,000 in total. Then after how many years after Deepak took the loan, the government introduced the scheme?

3 Years
4 Years
5 years
6 years

Validate

Solution:

6000=10000(7* x+5 *(10-x)){/}100

x=5

Go to Question:

Prev Question

Next Question