defence exam CRPF SI Mock Test 2020 Quantitative Aptitude Interest Simple Interest

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?

1
Rs. 800000
2
Rs. 640000
3
Rs. 1000000
4
Rs. 960000
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