If drawings of equal amount are made in the beginning of every month for 9 month ending 31st March, then interest on drawing will be calculated for an average period for _________Months. (Answer should be in numeral only)
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Answer:
The answer is 5 month
Explanation:
Average period = time left after ist drawing + time left after last drawing /2
so in this case average period is 9+1/2= 5
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