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SBI PO Prelims Model Paper 1

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Question : 51 of 100

Marks: +1, -0

Mr. Khanna took a loan of Rs.10,000 on simple interest for two years at the rate 3 p.c.p.a. The total amount that he will be paying as interest in 2 years is 3% of his monthly salary. What is his monthly salary?

Rs.30,000
Rs.16,000
Rs.20,000
Rs.12,000
None

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