SBI PO Prelims Model Paper 1

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Question : 37 of 100
 
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Mr. Nair's monthly salary is Rs.22,500. He took a loan of Rs.30,000 on simple interest or 3 years at the rate of 5 p.c.p.a. The amount that he will be paying as simple interest in 3 years is what percent of his monthly salary?
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