Question

Aman withdrew 36000 during the year ended 31st march,2020. calculate interest on Drawing if rate of interest is 6% p.a.​

Answer 1

Answer:

2160

Explanation:

amount withdrewed=36000(principal)

rate=6%

time (not given)=1 year

interest=principal*rate*time

100

=36000*6*1

100

=360*6*1=360*6=2160.

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