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REET · Simple and Compound Interest · Quiz

Simple and Compound Interest — quick quiz

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

Question 1 of 5

EASY

A farmer borrows Rs 8000 from a cooperative society at 5% simple interest per annum. If he repays the entire amount after 3 years, how much total amount does he pay?