85.3k views
11 votes
What sum of money will get an interest of Rs.1200 at 6% per annum for 2 years?

User Jjpcondor
by
3.2k points

1 Answer

8 votes

Answer:

Rs10000

Explanation:

Sum of money=1200×100/6×2

=120000/12=Rs10000

User Bamboo
by
3.7k points