find the cash value of bill of rs 4200 due 5months hence at 7.5%p.a
Answers
Answered by
0
Step-by-step explanation:
FV=PW+ Int on PW for 4 months @ 5% p.a.
36600=PW+PW×
12
4
×
100
5
36600=PW+
60
PW
PW=
61
36600×60
PW=Rs.36,000
TD= Int on PW for 4 months @ 5% p.a.
TD=36000×
12
4
×
100
5
TD=Rs.600
BD= Int on FV for 4 months @ 5% p.a.
BD=36600×
12
4
×
100
5
BD=Rs.610
BG=BD−TD
BG=610−600
BG=Rs.10
Hence, this is the answer.
Answered by
0
Step-by-step explanation:
nnnjjccxc v VV VV VV yv h
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