The sum required to earn a monthly interest of ₹1,500 at 12% p.a. simple interest is:
CA Foundation · Quantitative Aptitude · MTP · September 2026
The sum required to earn a monthly interest of ₹1,500 at 12% p.a. simple interest is:
Suggested Answer and Working Notes:
Correct Answer: Option (C)
C. ₹1,50,000
Topics: Part-A: Business Mathematics
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