CGL 23 17-07-2023 Shift 3


Question 1


A person took a loan at 5% per annum simple interest during the first year and with an increase of 0.5% simple interest every year from the second year onwards. After 4 years, he paid ₹4,600 as a total interest to settle the loan completely. How much was the loan?

एक व्यक्ति ने पहले वर्ष में 5% की वार्षिक साधारण ब्याज पर ऋण लिया जिसमें दूसरे वर्ष से आगे के प्रत्येक वर्ष में 0.5% के साधारण ब्याज की वृद्धि की जाती है। 4 वर्ष बाद उसने ऋण को पूरी तरह से चुकाने के लिए ब्याज के रूप में कुल ₹4,600 का भुगतान किया। कुल ऋण कितना था?

Options

A

₹19,000

₹19,000

B

₹21,000

₹21,000

C

₹18,000

₹18,000

D

₹20,000

₹20,000


Solution:

Correct Answer:

D

₹20,000

₹19,000


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