12 percent intrest on bank loan Rs 80000 for 6 months calculate
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Answer:
12 % p.a. Interest on Bank loan ₹ 80,000 for 1 year. Thus, interest on Bank loan ₹ 80,000 for 1 year = ₹ 9600.
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12 % p.a. Interest on Bank loan ₹ 80,000 for 0.5year. Thus, interest on Bank loan ₹ 80,000 for 0.5 year = ₹ 4800
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