Mathematics · Simple Interest
Find the principal amount that yields a simple interest of Rs. 1,280 at 16% per annum for 8 months.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 14,000
- 2Rs. 12,800
- 3Rs. 12,000✓
- 4Rs. 10,000
Correct answer
Rs. 12,000
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