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Akshay has borrowed an amount of ₹440000 from a bank to start a business. How much simple interest (in ₹) will he pay at a rate of 5% per annum after 4 years?
87000
89000
78000
88000
88000
Practice and solve "Akshay has borrowed an amount of ₹440000 from a bank to start a business. How much simple interest (..." for Mathematics - Previous Year Paper 2025. The correct answer is Option D: 88000. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "Akshay has borrowed an amount of ₹440000 from a bank to start a business. How much simple interest (..." for Mathematics - Previous Year Paper 2025. The correct answer is Option D: 88000. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.