Question

Bank A sanctioned and disbursed a sum of Rs 12,000 on 1/4/2009. It
charges interest on half yearly basis. It levies 12% pa as interest on the account. The borrower did not repay any money during the half year. The amount of interest to be charged in the account on 1/09/2009 is --
a. Rs. 1,440
b.: Rs. 600
c. Rs. 720
d. Rs. 840​

Answer 1

Answer:

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Step-by-step explanation:

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