If the simple interest on Re. 1 for 1 month is 1 paisa, then the rate percent per annum will be

If the simple interest on Re. 1 for 1 month is 1 paisa, then the rate

1.	If the simple interest on Re. 1 for 1 month is 1 paisa, then the rate percent per annum will be
A.	10%
B.	8%
C.	12%
D.	6%
Answer» D. 6%

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If the simple interest on Re. 1 for 1 month is 1 paisa, then the rate percent per annum will be

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