Mathematics · Simple Interest
G invested Rs. x in a scheme for 1 year which gives a 12% per annum simple interest return. Finally, he received Rs. 12,000 interest (amount more than the invested amount). How much money (in Rs.) did he invest in the scheme?
- 180,000
- 21,12,000
- 31,00,000✓
- 41,20,000
Correct answer
1,00,000
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