A man buys a TV priced at Rs. 16000. He pays Rs. 4000 at once and the – McqOptions

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1.	A man buys a TV priced at Rs. 16000. He pays Rs. 4000 at once and the rest after 15 months on which he is charges a simple interest at the rate of 12% per year. The total amount he pays for TV is = ?
A.	Rs. 18200
B.	Rs. 17200
C.	Rs. 17800
D.	Rs. 16800
Answer» B. Rs. 17200

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