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M: +1.00/-0.25

Mr.Nair's monthly salary is rs 22,500. He took a loan of rs 30,000 on simple interest for 3 years at the rate of 5 p.c.p.a. The amount that he will be paying as simple interest in 3 years is what percent of his monthly salary ?

[IBPS RRB Clerk 2017]
A
B
C
D
E
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