Question

Plz give me the answer

Answer 1

Answer:

12/100*2500*5.5/12

137.5

Explanation:

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Answer 2

Explanation:

• Himanshu withdrews Rs. 2,500 at the end of each month.

annual drawing = 12 × 2,500 = 30,000

annual drawing = 30,000

average period = 5.5

Rate = ,12%

Interest on drawing = annual drawing × rate × average period /12

= 30,000 × (12/100) × (5.5/12)

= 1,650

Interest on drawing = Rs 1,650

Hence, Interest on drawing = Rs 1,650.