1.

Ram bought a bike for Rs. 60,000. He paid Rs. 10000 cash down and the rest at the end of 2 years at 15% simple interest. How much more did he pay as simple interest ?

A. Rs. 15,000
B. Rs. 25,000
C. Rs. 35,000
D. Rs. 50,000
Answer» B. Rs. 25,000


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