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A person want to invest a certain amount at 65% p.a. S.I. If he wishes to receive a monthly interest of 3000, what is the amount to be invested?
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si=prt/100
3000*12 = p*65*1/100 p can be calculated
Answer options are a:6,00,000, b: 50,000, c: 4,00,000, d: 3,00,000.
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