Shruti took a loan at simple interest at in the first year with an increase of in each subsequent year. She paid ₹ 3375 as interest after 4 years. How much loan did she take?
A. ₹ 12500
B. ₹ 15800
C. ₹ 33250
D. Cannot be determined
Answer:A
Shruti took a loan at simple interest at in the first year with an increase of in each subsequent year. She paid ₹ 3375 as interest after 4 years. How much loan did she take?
A. ₹ 12500 B. ₹ 15800 C. ₹ 33250 D. Cannot be determined