10
Q:
A) Rs. 8% | B) Rs. 12% |
C) Rs. 12.5% | D) Rs. 16% |
Answer: C) Rs. 12.5%
Explanation:
Explanation:
By investing Rs 128, income derived = Rs. 16
By investing Rs. 100, income derived =Rs. (16/128*100) = Rs.12.5
Interest obtained = 12.5%