- 05/16/2019 at 4:19 pm #870899EduGorillaKeymasterSelect Question Language :
In interest subvention scheme, initially 7% simple interest is charged on the agriculture loan. After the timely repayment of the loan and interest, the effective simple interest of 4% will be calculated and the balance amount will be refunded. If a person gets a refund of Rs.2100 after timely repayment, what was the initial repayment?
Post your Training /Course EnquiryAre You looking institutes / coaching center for
- Rs. 70000
- IIT-JEE, NEET, CAT
- Bank PO, SSC, Railways
- Study Abroad