Mathematics for FinanceMTP Jun 23Question 1377 of 479
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80,000\displaystyle 80,000 is invested to earn a monthly interest of 1,200\displaystyle 1,200 at the rate of ______ p.a. SI

Options

A12%\displaystyle 12\%
B18%\displaystyle 18\%
C16%\displaystyle 16\%
D20%\displaystyle 20\%
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Correct Answer

Option d20%\displaystyle 20\%

All Options:

  • A12%\displaystyle 12\%
  • B18%\displaystyle 18\%
  • C16%\displaystyle 16\%
  • D20%\displaystyle 20\%

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