11. The CI on 40000 at 10% pa for 1 year when the interest is payable quarterly is
(a) 4,000
(b) 4,100
(c) 4,152.51
(d) none of these
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Answer:
(a) 4000
Step-by-step explanation:
1 year = 40000/10
=4000
I think correct answer and hopeful.
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