Mathematics for FinanceMTP Oct 21Question 1340 of 479
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The sum required to earn a monthly interest of Rs 1200\displaystyle 1200 at 18%\displaystyle 18\% per annum Simple Interest is

Options

A50,000\displaystyle 50,000
B60,000\displaystyle 60,000
C80,000\displaystyle 80,000
Dnone of these
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Correct Answer

Option c80,000\displaystyle 80,000

All Options:

  • A50,000\displaystyle 50,000
  • B60,000\displaystyle 60,000
  • C80,000\displaystyle 80,000
  • Dnone of these

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