A bank pays a profit of 14% per year on savings. Profit on Rs. 75,000 for one year is:

  1. Rs. 11,500
  2. Rs. 105,000
  3. Rs. 10,500
  4. Rs. 5357.14
Answer

C) Rs. 10,500

Profit = 14100 75000 = 10500. SLO M-09-A-09 · Application

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