A man buys a TV prices at Rs. 16000. He pays Rs. 4000 at once and the rest after 15 months on which he is charged a simple interest at the rate of 12% per year. The total amount he pays for the TV is

A man buys a TV prices at Rs. 16000. He pays Rs. 4000 at once and t

1.	A man buys a TV prices at Rs. 16000. He pays Rs. 4000 at once and the rest after 15 months on which he is charged a simple interest at the rate of 12% per year. The total amount he pays for the TV is
A.	Rs. 18,200
B.	Rs. 17,800
C.	Rs.17,200
D.	Rs. 16,800
Answer» C. Rs.17,200

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A man buys a TV prices at Rs. 16000. He pays Rs. 4000 at once and the rest after 15 months on which he is charged a simple interest at the rate of 12% per year. The total amount he pays for the TV is

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