Ajay takes some loan from Rashmi at the rate of 5% per annum andd after 2 yr, Ajay gave back 8800 to Rashmi and this way paid his whole loan. Find the interest by Ajay.

Ajay takes some loan from Rashmi at the rate of 5% per annum andd afte

1.	Ajay takes some loan from Rashmi at the rate of 5% per annum andd after 2 yr, Ajay gave back 8800 to Rashmi and this way paid his whole loan. Find the interest by Ajay.
A.	825
B.	975
C.	800
D.	850
E.	None of the above
Answer» D. 850

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Ajay takes some loan from Rashmi at the rate of 5% per annum andd after 2 yr, Ajay gave back 8800 to Rashmi and this way paid his whole loan. Find the interest by Ajay.

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