A sum of Rs 150 is borrowed at simple interest at 4% per annum for the – InterviewSolution

InterviewSolution

1.	A sum of Rs 150 is borrowed at simple interest at 4% per annum for the month, 8% per annum for the second month, 12% per annum for the third month, and so on. What is the total amount of interest to be paid at the end of 6 months?
Answer» SOLUTION :RS 10.50

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