Question

1. 12% interst on Bank loan ₹1,00,000 2. charge depresiation on machinery₹60, 000 3. interst on drawing 5% on ₹20,000 for 6Months ​

Answer 1

1) 12% PA interest on bank loan of rupees ₹100000

$I = \frac{PRN}{100}$

$I = 100000 \times \frac{12}{100 } \times 1$

$I = \cancel{100000 \times \frac{12}{100} \times 1}$

$After \: solving \:w e \: get \: I \: = \:₹ 12000$

$Thus, \:intrest\:on\:bank\:loan\:of\:₹100000\:for\:1 \: year\:is\:₹12000$

$\mathcal \fcolorbox{gold}{green}{I\:only\:know\:the\: answer\:of\:the\:first\: question}$

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