Mr. Khanna took a loan of Rs 10,000 on simple interest for two years a – McqOptions

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1.	Mr. Khanna took a loan of Rs 10,000 on simple interest for two years at the rate 3% per annum. The total amount that he will be paying as interest in 2 year is 3% of his monthly salary. What his monthly salary?
A.	Rs 30,000
B.	Rs 16,000
C.	Rs 20,000
D.	Rs 12,000
E.	None of these
Answer» D. Rs 12,000

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