Question 74

A man takes a loan of ₹6,000 from his friend on $$1^{th}$$ January 2019 with the condition that he will repay with accrued simple interest at the rate 6.25%, as and when the interest touches ₹75. On which date does the loan period expire?

Create a FREE account and get:

  • Free SSC Study Material - 18000 Questions
  • 230+ SSC previous papers with solutions PDF
  • 100+ SSC Online Tests for Free

Join CAT 2026 course by 5-Time CAT 100%iler

Crack CAT 2026 & Other Exams with Cracku!

Ask AI

Ask our AI anything

AI can make mistakes. Please verify important information.