Find out the capital required to earn a monthly interest of $R s . 500$ per month as $6$ % simple interest.

R s . 1, 00, 000

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R s . 1, 20, 000

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R s . 1, 10, 000

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R s . 1, 30, 000

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Solution

The correct option is A $R s . 1, 00, 000$
$S I - \frac{P \times R \times T}{100} \Rightarrow 500 = \frac{P \times 6 \times 1}{100 \times 12} \Rightarrow P = R s . 100000$ .

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Find out the capital required to earn a monthly interest of Rs.500 per month as 6% simple interest.

The correct option is A Rs.1,00,000SI−P×R×T100⇒500=P×6×1100×12⇒P=Rs.100000.

Find out the capital required to earn a monthly interest of $R s . 500$ per month as $6$ % simple interest.

The correct option is A $R s . 1, 00, 000$
$S I - \frac{P \times R \times T}{100} \Rightarrow 500 = \frac{P \times 6 \times 1}{100 \times 12} \Rightarrow P = R s . 100000$ .