Question

On 1st April 2018, X's Capital was Rs2,00,000. On 1st October 2018, he introduces an additional Capital of RS 1,00,000. Interesting capital @ 6% p. a. On 31st March 2019 will be *​

Answer 1

Answer:

15,000 interest

Explanation:

Capital on 1st April 2018 = 2,00,000

Interest for full year = 2,00,000 x 6%

                                 = 12,000

Capital on 1st October 2018 = 1,00,000

Interest till 31st March = 1,00,000 x 6% x $\frac{6}{12}$

                                     =  3,000

Total Interest = 12,000 + 3,000

                       = 15,000

On 31st March 2019 Interest will be Rs 15,000

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Answer 2

Explanation:

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