Ramesh needs to earn a monthly interest of Rs. 8000. The interest rate is 10% per annum but it is paid every month. Which of the following is his investment?

Ramesh needs to earn a monthly interest of Rs. 8000. The interest rate

1.	Ramesh needs to earn a monthly interest of Rs. 8000. The interest rate is 10% per annum but it is paid every month. Which of the following is his investment?
A.	Rs. 800000
B.	Rs. 640000
C.	Rs. 1000000
D.	Rs. 960000
Answer» E.

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Ramesh needs to earn a monthly interest of Rs. 8000. The interest rate is 10% per annum but it is paid every month. Which of the following is his investment?

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