Question

on 1st january 2014 avichal capital was 50000 on 1st july in the same year he introduced rupees 25000 as further capital calculate interest on capital @ 6% per annum

Answer 1

Answer:

3750

Explanation:

since January the capital was 50000

50000*6%=3000

additional capital introduced on 1st July is 25000

25000*6%*6÷12=750

Total interest on capital=3000+750

=3750.