The Consumer Price Index (CPI) for a certain city increased from 120 in 2020 to 132 in 2021. If the average monthly rent for an apartment in the city was Rs. 15,000 in 2020, what would be the expected average monthly rent in 2021?
1
Rs. 16,500
2
Rs. 17,000
3
Rs. 18,000
4
Rs. 19,000