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Mahesh has borrowed an amount of ₹4,40,000 from a bank to start a business. How much simple interest (in ₹) will he pay at a rate of 6% per annum after 4 years?
1,06,600
1,05,600
1,03,600
1,04,600
1,05,600
Practice and solve "Mahesh has borrowed an amount of ₹4,40,000 from a bank to start a business. How much simple interest..." for Mathematics - Previous Year Paper 2025. The correct answer is Option B: 1,05,600. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "Mahesh has borrowed an amount of ₹4,40,000 from a bank to start a business. How much simple interest..." for Mathematics - Previous Year Paper 2025. The correct answer is Option B: 1,05,600. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.