state gov UP Police Assistant Operator (Radio Cadre) Mock Test Quantitative Aptitude Interest Simple Interest
A man gets a legacy from a rich uncle which, after 20% tax deduction at source, yields an income of Rs. 1 lakh per month when invested at 12% simple interest. What sum did the uncle leave his nephew?
1
Rs. 1,50,00,000
2
Rs. 1,25,00,000
3
Rs. 1,75,00,000
4
Rs. 1,33,00,000