Question 61Asked in RRB JE CBT-1, 20 Feb 2026, Shift 1 (9:00 AM)

Kiran has borrowed an amount of ₹4,40,000 from a bank to start a business. How much

Kiran 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 7% per annum after 2 years?
  1. A60600
  2. B63600
  3. C61600
  4. D62600
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Correct answer: (C) 61600

From RRB JE CBT-1 PYQ 20 Feb 2026, Shift 1 (9:00 AM)

This is question 61 of RRB JE CBT-1 PYQ 20 Feb 2026, Shift 1 (9:00 AM). See all questions of this paper with answers, or attempt the paper as a timed online test to get your score and all-India rank.