Simple Interest · UPSC CDS/OTA · Question 22 of 30

Simple Interest – Question 22

Step-by-step solution. Simple Interest for UPSC CDS/OTA.

Topic
Simple Interest
Subject
Mathematics
Difficulty
Difficult
Solve Time
45–60 sec

Solved UPSC CDS/OTA Question

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Q · Simple InterestDifficult · 45s

A borrows ₹6000 at 10% p.a. simple interest. He repays ₹2000 after 1 year. How much must he pay after 2 more years to clear the loan?

TopicSimple Interest
Question Typemultiple choice
DifficultyDifficult
Marking+1 / −0.33
Test Duration30 min

Step-by-Step Solution

The complete worked solution.

Every step explained — no skipped algebra.

Year 1: SI on 6000 = 600; balance principal = 4000. Next 2 years: SI on 4000 = 800. Total due = 4000 + 600 + 800 = ₹5400.

Final Answer: Option C — ₹5400.00
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Simple Interest Question 22 – UPSC CDS/OTA