Question

Calculate interest on drawings of mr silver@10%pa for the year ended 31st Dec 2019 if he withdraw 1200 pm in beginning of every month

Answer 1

Hello Mate Here is your answer.

every month=1200.

therefore for 12 months =1200×12

=14400.

14400×10/100×6/12.

=720.

hope it will help you .

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