6% debentures , rs.10000 intrest paid rs, 3000 , what is unpaid intrest ?
Answers
Answer:
Rs. 3,000
Debenture interest = Debentures value X Rate of
interest
= 10000 X 6/100
= Rs. 6,000
unpaid interest = Total interest - interest paid
= 6000 - 3000
= Rs. 3,000
Given:
The value 6% debentures= Rs. 10,000
Interest paid= Rs. 3,000
To find:
The amount of unpaid interest
Solution:
We can find the amount by following the given steps -
We know that the rate of interest on debentures is 6%.
Amount of interest on debentures= 6% of the value of debentures
The amount of interest=6% of Rs.10,000
= 6×10,000/100
=6×1,000
= Rs.6,000
The amount of interest already paid= Rs.3,000
Unpaid interest= Total interest- interest paid
=6,000- 3,000
= Rs.3,000
Therefore, the amount of unpaid interest is Rs. 3,000.