Ram took a loan of 40,000 rupees from his friend at 10 percent per annum for 2
years.After 2 years he returned an amount of 20,000 rupees and a watch( do any 4 parts)
i) Find the interest to be paid by him after 2 years /
a) 6000 b) 8000 c) 7800 d) None2
ii) Find the total amount to be paid by him after 2 years ?
a) 4200 b) 48000 c) 25000 d) 73000
iii) What is the price of watch ?
a) 20000 b) 30000 c) 28000 d) None
iv) What could have been the interest if he has to return the same amount after 5
years ?
a) 3000 b) 20,000 c) 200 d) none
v) What would be the interest if same amount is borrowed at 5 percent per
annum for 2 years ?
a) 3000 b) 2000 c) 5 000 d) 4000
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