Step-by-step explanation:
A.) Correct Answer: 12%
Given , Principle = ₹ 1 , Time = 1 month = ( 1 / 12 ) year and SI = 1 paisa = ₹ ( 1 / 100 )
As we know that ,
Rate =SI × 100Principal × Time
Rate =(1 ÷ 100) × 100= 12% p.a.1 × (1 ÷ 12)
B.) Correct Answer:
