14. They think that Samara just drove _them. A. on B. through C. past
Answers
Explanation:
Answer:
Interest on her drawings will be ₹ 900
Explanation:
Given:
Withdrawn amount ₹6,000
Time of withdrawal = At the end of each quarter
Rate of interest = 10% P.a.
Interest on drawings = ??
Solution :
Total amount of drawings = 6,000 × 4
Total amount of drawings = ₹ 24,000
If drawings are made at the end of each quarter :
Average period = 4.5
★ Interest on drawings =
\sf{\longrightarrow{Amount \: of \: drawings \: \times \: \dfrac{Rate \: of \: interest}{100} \: \times \: \dfrac{Average \: period}{12}}}⟶Amountofdrawings×
100
Rateofinterest
×
12
Averageperiod
\longrightarrow{\sf{24,000 \: \times \: \dfrac{10}{100} \: \times \: \dfrac{4.5}{12}}}⟶24,000×
100
10
×
12
4.5
\sf{\longrightarrow{900}}⟶900
Interest on drawings = ₹ 900
∴ Interest on her drawings will be ₹ 900
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