Answer: B
Principal \((p) = a\) rupees
Time \((t) = \cfrac{b}{12}\) years
Interest rate \((r) = 10\%\)
∴ Interest \((I) = \cfrac{ptr}{100}\)
\(= \cfrac{a × \cfrac{b}{12} × 10}{100}\) rupees
\(= \cfrac{10ab}{1200} = \cfrac{ab}{120}\) rupees
Principal \((p) = a\) rupees
Time \((t) = \cfrac{b}{12}\) years
Interest rate \((r) = 10\%\)
∴ Interest \((I) = \cfrac{ptr}{100}\)
\(= \cfrac{a × \cfrac{b}{12} × 10}{100}\) rupees
\(= \cfrac{10ab}{1200} = \cfrac{ab}{120}\) rupees