14) Rs 80.000 is invested to eam a monthly interest
of Rs 1200 at the rate of pa. SI. (MQB)
a) 12% b) 14% c) 16% d) 18%
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Answer:
18%
Step-by-step explanation:
SI=pnr/100
1200=80.000×1×r/100×12
By cross multiplication
we get r=18%
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