Madhu took a loan for 7 years at 9% per annum simple intrest. At the end of seven years he paid Rs. 13040 to clear his loan. What was the loan amount.

Options
- Rs 7600
- Rs 8400
- Rs 8500
- RS. 8000

CORRECT ANSWER : RS. 8000

Discussion Board
hi

explain in detail

indhu 08-22-2014 12:26 PM

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