CA Foundation Exam  >  CA Foundation Questions  >  The sum required to earn a monthly interest o... Start Learning for Free
The sum required to earn a monthly interest of Rs 1200 at 18% per annum Simple Interest is:
  • a)
    Rs. 50,000
  • b)
    Rs. 60,000
  • c)
    Rs. 80,000
  • d)
    None of these
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
The sum required to earn a monthly interest of Rs 1200 at 18% per annu...
S.I=1200
R=18%
P=??
 1200=P*18*1/100*12
 1200*1200=P*18
1440000/18=P
P=80000 
View all questions of this test
Explore Courses for CA Foundation exam
The sum required to earn a monthly interest of Rs 1200 at 18% per annum Simple Interest is:a)Rs. 50,000b)Rs. 60,000c)Rs. 80,000d)None of theseCorrect answer is option 'C'. Can you explain this answer?
Question Description
The sum required to earn a monthly interest of Rs 1200 at 18% per annum Simple Interest is:a)Rs. 50,000b)Rs. 60,000c)Rs. 80,000d)None of theseCorrect answer is option 'C'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about The sum required to earn a monthly interest of Rs 1200 at 18% per annum Simple Interest is:a)Rs. 50,000b)Rs. 60,000c)Rs. 80,000d)None of theseCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The sum required to earn a monthly interest of Rs 1200 at 18% per annum Simple Interest is:a)Rs. 50,000b)Rs. 60,000c)Rs. 80,000d)None of theseCorrect answer is option 'C'. Can you explain this answer?.
Solutions for The sum required to earn a monthly interest of Rs 1200 at 18% per annum Simple Interest is:a)Rs. 50,000b)Rs. 60,000c)Rs. 80,000d)None of theseCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of The sum required to earn a monthly interest of Rs 1200 at 18% per annum Simple Interest is:a)Rs. 50,000b)Rs. 60,000c)Rs. 80,000d)None of theseCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of The sum required to earn a monthly interest of Rs 1200 at 18% per annum Simple Interest is:a)Rs. 50,000b)Rs. 60,000c)Rs. 80,000d)None of theseCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for The sum required to earn a monthly interest of Rs 1200 at 18% per annum Simple Interest is:a)Rs. 50,000b)Rs. 60,000c)Rs. 80,000d)None of theseCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of The sum required to earn a monthly interest of Rs 1200 at 18% per annum Simple Interest is:a)Rs. 50,000b)Rs. 60,000c)Rs. 80,000d)None of theseCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice The sum required to earn a monthly interest of Rs 1200 at 18% per annum Simple Interest is:a)Rs. 50,000b)Rs. 60,000c)Rs. 80,000d)None of theseCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
Explore Courses for CA Foundation exam

Top Courses for CA Foundation

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev