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Kerala LDC · Simple and Compound Interest · Quiz

Simple and Compound Interest — quick quiz

5 real Kerala LDC questions on Simple and Compound Interest. Instant scoring and solutions, no signup — see where you stand in ~3 minutes.

Question 1 of 5

MEDIUM

A man borrows Rs 8,000 at 10% simple interest per annum. He repays Rs 3,000 at the end of the first year. What amount must he pay at the end of the second year to clear the debt?