Kruti took a loan at simple interest at 6 % in the first year with an increase of 0.5 % in each subsequent year. She paid Rs. 3375 as interest after 4 years. How much loan did she take?

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Question:
Kruti took a loan at simple interest at 6 % in the first year with an increase of 0.5 % in each subsequent year. She paid Rs. 3375 as interest after 4 years. How much loan did she take?

1. Rs.12500

2.Rs.15800

3. Rs.33250

4.Cannot be determined

Posted Date:-2022-02-22 06:45:52

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