GAT Subject
Engineering
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Excise & Taxation Department – 2018 :: Discussion
| 56. | Mr. Akram borrows Rs. 500 from bank for a period of 4 years. If interest rate is 11% per annum, what would be the amount of interest he has to pay back in addition to the principal amount? | |
| A. | Rs. 190 | |
| B. | Rs. 220 | |
| C. | Rs. 200 | |
| D. | Rs. 210 | |
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