Question

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%​

Answer 1

Answer:

18%

Step-by-step explanation:

SI=pnr/100

1200=80.000×1×r/100×12

By cross multiplication

we get r=18%