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  9. Q1

Telangana Police SI 2016 · Question 1 of 175

A bank is giving loans at the rate of 10% simple interest. Kumar asked for a loan at 8%. After verification, the bank sanctioned his loan at the rate he asked as the bank is getting an interest twice as much as it gets on Rs. 40,00,000/- at the rate of 10%. What amount did Kumar take ? (in lakhs of rupees)

Percentage

  1. A100Correct
  2. B90
  3. C200
  4. D180

Answer: A. 100

Official answer key verified. Detailed explanation coming soon.

Source: TSLPRB SCT SI (Civil) PWT 2016 official paper (Booklet D); answer from official TSLPRB preliminary key

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