A bank charge 120 as an arrangement fee for a personal loan of 4000, how much did the fee represent as a percentage of loan

I. The banks have decided to give advances to the priority sector at the rate of interest at par with the corporate sector. II. The percentage of bad loans given by the banks to the priority sector is very low compared to corporate sector.

The given graph represents the percentage distribution of the total expenditure of a company. Study the graph and answer the question that follows, The expenditure on 'Interest on loans' is what percentage more than the expenditure on 'Transpott' ?

Bank A provides loan at 5% per annum at simple interest and Bank B provides loan at the same rate for the same period, compounded annually. Then, which bank is preferable for a person to take a loan ?