A trader owes a maerchant Rs10028 due 1yr hence The trader wants to settle the a

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โœช Choose the correct option.

A trader owes a maerchant Rs10028 due 1yr hence The trader wants to settle the account after 3 months .If the rate of interest is 12%per annum How much cash should he pay?

A. 27months
B. 23months
C. 20months
D. 12months

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