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If is decided that a loan of Rs 10,000 w...

If is decided that a loan of Rs 10,000 will be paid off at the rate of Rs 800 per month in 15 equal instalements. Find out the rate of return on investment. (यदि ठान लिया जाता है कि 10,000 रुपये का ऋण 800 रुपये प्रति माह की दर से 15 समान किश्तों में चुकाया जाएगा। निवेश पर ब्याज दर ज्ञात कीजिए।)

A

17% P.a.

B

18 % P.a.

C

15 % P.a.

D

16 % P.a.

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The correct Answer is:
D
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