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CET Graduation 2024 PYQ Q51

2024cet-graduation-2024-shift-1Reasoning & Mental Ability1 marks
Question 51

'A' borrows a sum of ₹ 2000 from his friend 'B' on 31 December 2011 on the condition that he will return the same after one year with simple interest at 8% per annum. However, 'A' gets into a position to return the money on 1 July 2012. How much interest does he have to pay to 'B'?

  1. A ₹ 80 Correct
  2. B ₹ 90
  3. C ₹ 100
  4. D ₹ 120
Answer A
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