Question

R had given loan of rs 200000to the firm and demands interest@ 10% p.a. Pand Q do not want to pay the interest​

Answer 1

Answer:

P and Q want to purchase goods from A Ltd., R does not agree? ... C wants that the loan given by him to the firm should bear interest @ 10% p.a. but A and ... M has given a loan of Rs.8,000 to the firm on 1st July, 2016.

Answer 2

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• ʜᴇʀᴇ's ᴀ ᴇxᴀᴍᴘʟᴇ ғʀᴏᴍ ᴡʜɪᴄʜ ʏᴏᴜ ᴄᴀɴ ᴛᴀᴋᴇ ʜᴇʟᴘ :-

ᴀᴍᴏᴜɴᴛ ᴏғ ʟᴏᴀɴ ɢɪᴠᴇɴ ʙʏ ᴍ ᴛᴏ ᴛʜᴇ ғɪʀᴍ (ᴏɴ 1sᴛ ᴊᴜʟʏ, 2017) = ʀs. 8,000

ᴘᴇʀɪᴏᴅ (ғʀᴏᴍ 1sᴛ ᴊᴜʟʏ, 2017 ᴛᴏ 31sᴛ ᴍᴀʀᴄʜ, 2018) = 9 ᴍᴏɴᴛʜs

ɪɴᴛᴇʀᴇsᴛ ʀᴀᴛᴇ = 6% ᴘ.ᴀ.

ɪɴᴛᴇʀᴇsᴛ ᴏɴ ᴍ's ʟᴏᴀɴ = 8,000x 6/100 x 9/12 = 360

• ʜᴏᴘᴇ ɪᴛ ʜᴇʟᴘs

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