Question

A money lender finds that due to a fall in the annual rate of interest from 8% to 7%, his yearly income diminishes by
(E) None of these
4
1.50. His capital is :
Rs.22,400
(B) Rs.23,800
(C)Rs.24,600
(D) Rs.26,000
nt will discharge a debt of Rs.6450 due in 4 years at 5% simple interest ?
None of the​

Answer 1

Answer:

A money lender finds that due to a fall in the annual rate of interest from 8% to 7%, his yearly income diminishes by

(E) None of these

4

1.50. His capital is :

Rs.22,400

(B) Rs.23,800

(C)Rs.24,600

(D) Rs.26,000

nt will discharge a debt of Rs.6450 due in 4 years at 5% simple interest ?

None of the