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To buy furniture for a new apartment, Chang borrowed ₹50,000 at 16% per annum simple interest for 18 months. How much interest will she pay?
₹11,000
₹11,500
₹12,000
₹10,500
₹12,000
Practice and solve "To buy furniture for a new apartment, Chang borrowed ₹50,000 at 16% per annum simple interest for 18..." for Mathematics - Previous Year Paper 2024. The correct answer is Option C: ₹12,000. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "To buy furniture for a new apartment, Chang borrowed ₹50,000 at 16% per annum simple interest for 18..." for Mathematics - Previous Year Paper 2024. The correct answer is Option C: ₹12,000. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.